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37 act may be cited as the “Home Purchase Assistance Program Amendment Act of 2018”.
38 Sec. 2. Section 3a(a)(2) of the Home Purchase Assistance Fund Act of 1978, effective
39 September 12, 1978 (D.C. Law 2-103; D.C. Official Code § 42-2602.01(a)(2)), is amended as
40 follows:
1
42 (2) Subparagraph (A) is amended by striking the number “80,000” and inserting
45 “(B) The minimum amount of down payment assistance under the Program shall
46 be $32,000 for an applicant with an income of 120% of the Area Median Income.”.
48 The Council adopts the fiscal impact statement in the committee report as the fiscal
49 impact statement required by section 4a of the General Legislative Procedures Act of 1975,
50 approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).
52 This act shall take effect following approval by the Mayor (or in the event of veto by the
53 Mayor, action by Council to override the veto), a 30-day period of congressional review as
54 provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December
55 24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of
56 Columbia Register.