§ 6–231(Perm). Tenant-Based Rental Assistance Fund.

*NOTE: This codification is not the most current, due to recent law changes. To see the current law (including emergency and temporary legislation, if relevent) click this link: Current Version*

(a) There is established as a special fund the Tenant-Based Rental Assistance Fund ("Fund"), which shall be administered by the Authority in accordance with subsection (c) of this section.

(b) Revenue from the rental unit fee, reserved pursuant to § 42-3504.01(a)(2)(C), shall be deposited into the Fund.

(c) Money in the Fund shall be used to fund the Rental Assistance for Unsubsidized Seniors Program established by § 6-230.

(d)(1) Money deposited into the Fund shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.

(2) Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.

(e) The Authority, pursuant to subchapter I of Chapter 5 of Title 2, may issue rules to implement the provisions of this section.