District of Columbia § 42-2151.02 Calculation and reporting of affordability.

District of Columbia Statutes

§ 42-2151.02 — Calculation and reporting of affordability.

District of Columbia § 42-2151.02

Title 42Real Property.

Ch. 21AHousing Affordability.

Subch. IIITruth in Affordability Reporting.

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Bluebook

D.C. Code § 42-2151.02 (2026).

Text

(a)No less frequently than annually, the Office of the Chief Financial Officer of the District of Columbia shall calculate and publish the District of Columbia median family income on the basis of household size.

(b)Affordable housing development projects that are publicly financed or subsidized by the District of Columbia shall be marketed utilizing affordability data expressed both in terms of area median income and actual income.

(c)When expressing data about affordable housing, the District of Columbia shall reference levels of affordability both in terms of area median income and actual income.

(d)The District's affordable housing database shall track affordable housing both by area median income and District of Columbia median family income.

(e)A tax abatement financial anal

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(a) No less frequently than annually, the Office of the Chief Financial Officer of the District of Columbia shall calculate and publish the District of Columbia median family income on the basis of household size.

(b) Affordable housing development projects that are publicly financed or subsidized by the District of Columbia shall be marketed utilizing affordability data expressed both in terms of area median income and actual income.

(c) When expressing data about affordable housing, the District of Columbia shall reference levels of affordability both in terms of area median income and actual income.

(d) The District's affordable housing database shall track affordable housing both by area median income and District of Columbia median family income.

(e) A tax abatement financial analysis required by Chapter 47 of Title 47 for the subsidy of affordable housing shall include the calculation of levels of housing affordability in terms of area median income, actual income, and District of Columbia median family income.