2904 OFFERINGS OF HOMESTEAD PROPERTIES TO PUBLIC

2904.1 After selection by the Administrator of properties to be included in the Program, there shall be published a list of properties available for homesteading, along with a Notice of Request for Proposals (RFP) from persons who wish to be considered for participation in the Program, in the following publications:

1. (a) D.C. Register;
2. (b) At least two (2) major newspapers of general circulation in the city; and
3. (c) In newspaper(s) serving minority communities in the city.

2904.2 The RFP for single family homesteads shall provide all information necessary for persons to apply for participation in the Program including, but not limited to, the following:

1. (a) A brief description of the Program including, but not limited to, age, income and residency requirements;
2. (b) First-time home buyer requirement;
3. (c) Application fee;
4. (d) A brief description of the properties being offered including location and approximate size;
5. (e) Conditions for acceptance in the Program;
6. (f) Deadline for applications;
7. (g) Address and telephone number of Homestead Program Administration;
8. (h) Instructions for obtaining applications and additional Program information;
9. (i) Assessed value of each available property; and
10. (j) The availability of program and other DHCD financing.

2904.3 The RFP for multi-family homesteads shall provide, at a minimum, the following information:

(a) A brief description of the Program;

(b) A description of the property being offered including the current dwelling unit configurations;

(c) The availability of Program and other DHCD financing;

(d) Guidelines and requirements concerning the submission of proposals including the deadline and location for submission;

(e) A description of the proposal evaluation process including a listing of factors affecting selection of proposals; and

(f) Assessed value of property.

2904.4 The RFPs for single family and multi-family homesteads shall indicate that homesteaders are expected to cover certain costs incurred in connection with the closing or acquisition of rehabilitation and/or permanent financing for the homestead.

SOURCE: Notice of Final Rulemaking published at 34 DCR 4947, 4951-52 (July 31, 1987).