Current through codified legislation effective September 18, 2024
Section 2-281.05 - Reporting requirementsA Fund Manager shall submit to the Mayor, on a quarterly basis, a report on the activities of the Fund. The report shall include, at a minimum:
(1) The aggregate amount of dollars invested in eligible businesses during the reporting period;(2) The number of eligible businesses receiving an investment, including the name and business address for each;(3) A copy of the individualized business plan for each eligible business, including a description of the technical assistance training provided; and(4) The aggregate amount of funds in the Fund and a breakdown of the amount of the funds in the Fund used for each of the following, with each amount reported as a percentage of the aggregate amount of the Fund: (A) The percentage used for technical training assistance;(B) The percentage used for administration costs; and(C) The percentage used to compensate the Fund Manager.Amended by D.C. Law 24-45,§ II-T-2202, 68 DCR 010163, eff. 11/13/2021.Added by D.C. Law 23-149,§ II-Q-2166, 67 DCR 10493, eff. 12/3/2020.