D.C. Mun. Regs. tit. 14, r. 14-2223

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 14-2223 - FORECLOSURE

2223.1

If title to a For Sale Inclusionary Unit is transferred following foreclosure by, or deed-in- lieu of foreclosure to, a mortgagee in first position, or a mortgage in first position is assigned to the Secretary of HUD, the Inclusionary Development Covenant shall be released against the Inclusionary Unit in accordance with the provisions of the Zoning Commission's Inclusionary Zoning Regulations (11-C DCMR Chapter 10).

Notice of Final Rulemaking published at 56 DCR 3907 (May 15, 2009) (as section 2224); as amended by Final Rulemaking published at 56 DCR 9295, 9320 (December 11, 2009); amended by Final Rulemaking published at 64 DCR 13582 (12/29/2017)

Authority: Pursuant to the authority set forth in § 107 of the Inclusionary Zoning Implementation Amendment Act of 2006, effective March 14, 2007 (D.C. Law 16-275; D.C. Official Code § 6-1041.07) ("Inclusionary" Zoning Act) and Mayor's Order 2008-59, dated April 2, 2008.