The purposes of the Homestead Housing Preservation Program (the "Program") shall be as follows:
The objective of the Program is to reduce the critical shortage of decent and affordable low and moderate income housing stock by acquiring deteriorated tax delinquent residential properties and conveying them primarily to low and moderate income individuals and groups who agree to promptly bring the properties into a state of good repair and to reside in them for a period of five (5) years from the date of conveyance.
The Program is authorized by the Homestead Housing Preservation Act of 1986, as amended, D.C. Law 6-135, D. C. Official Code §§ 42 -2101 et seq. (2001)(the "Act").
The Director of the D.C. Department of Housing and Community Development (the "Director") may waive, for good cause and stated in writing, any of the rules set forth in this chapter within the limits of applicable laws and regulations.
The Director may allocate D.C. Department of Housing and Community Development funds and resources to the Program as, in his or her discretion, are deemed necessary to achieve the purposes of the Act.
D.C. Mun. Regs. tit. 14, r. 14-2900