§ 21-1604. Establishment of Housing Trust Fund Sub-Funds. 59
   (1)   The Director of Finance is authorized to divide the Housing Trust Fund into two segregated sub-funds, the Recording Fee Sub-Fund and the Non-Recording Fee Sub-Fund. Once such Sub-Funds are established, Section 21-1601 and subsection 21-1602(1) shall apply to both Sub-Funds; subsection 21-1602(2) and Section 21-1603 shall apply only to the Recording Fee Sub-Fund.
   (2)   The Director of Finance and such other officials as the Mayor may determine are authorized to implement the provisions of Section 21-1605.

 

Notes

59
   Added, Bill No. 180739 (approved October 17, 2018).