District of Columbia § 42-2067.03 Membership.

District of Columbia Statutes

§ 42-2067.03 — Membership.

District of Columbia § 42-2067.03

Title 42Real Property.

Ch. 20ALimited-Equity Cooperative Task Force.

Subch. IILimited Equity Cooperative Advisory Council Act.

This text of District of Columbia § 42-2067.03 (Membership.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 42-2067.03 (2026).

Text

(a)The composition of the Advisory Council shall be as follows:

(1)Up to 6 resident-owner representatives, each of whom who is currently a board member of an LEC in the District; provided, that no 2 residents shall be from the board of the same LEC;

(2)Two representatives from a community-based organization, including:

(A)One of whom has experience in the formation of LECs, including the legal and organizational structure of the LEC; and

(B)One of whom has experience in ongoing technical assistance required to sustain LECs;

(3)One representative from a property management company that manages cooperatives in the District;

(4)One representative from a development company that develops cooperatives in the District;

(5)One representative from a financial entit

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The composition of the Advisory Council shall be as follows:

(1) Up to 6 resident-owner representatives, each of whom who is currently a board member of an LEC in the District; provided, that no 2 residents shall be from the board of the same LEC;

(2) Two representatives from a community-based organization, including:

(A) One of whom has experience in the formation of LECs, including the legal and organizational structure of the LEC; and

(B) One of whom has experience in ongoing technical assistance required to sustain LECs;

(3) One representative from a property management company that manages cooperatives in the District;

(4) One representative from a development company that develops cooperatives in the District;

(5) One representative from a financial entity that specializes in the financing of LECs;

(6) One attorney who has experience working with LECs;

(7) One individual who has conducted significant academic research on LECs in the District and elsewhere in the United States;

(8) Other representatives appointed by the Chairperson of the Council committee responsible for housing issues;

(9) One representative from the Department of Housing and Community Development ("DHCD"); and

(10) One representative from the District of Columbia Housing Finance Agency.

(b) The Chairperson of the Council committee responsible for housing issues shall appoint the:

(1) Chair of the Advisory Council; and

(2) Advisory Council representatives designated in subsection (a)(1) through (8) of this section.

(c) The members of the Advisory Council shall:

(1) Serve for a period of 2 years;

(2) Either reside or work in the District; and

(3) Serve without compensation.

(d) Meetings of the Advisory Council shall be open to the public.

(e) The Advisory Council shall meet at least 6 times each year.

(f) The Advisory Council may request administrative support from the Director of DHCD, who shall provide support as the Director of DHCD and not as a member of the Advisory Council for all such reasonable requests to prepare for the required reports and meetings of the Advisory Council.