D.C. Mun. Regs. tit. 14, r. 14-5602

Current through Register Vol. 71, No. 50, December 13, 2024

Rule 14-5602 - REPAYMENT AGREEMENTS GENERALLY

5602.1

A Repayment Agreement is a document entered into between DCHA and a Head of Household or an owner who owes a debt to DCHA. It is similar to a promissory note, but contains more details regarding the nature of the debt, the terms of payment, special provisions, and the remedies available to DCHA upon default of the Agreement.

5602.2

The minimum monthly payment under a repayment agreement shall be negotiated on a case-by-case basis between DCHA and the participant Family or owner.

5602.3

The goal of any repayment agreement shall be to establish reasonable monthly payments such that the participant can remain in the program so long as he or she complies with the terms of the repayment agreement.

5602.4

The circumstances in which DCHA may decline to enter into a Repayment Agreement include, but are not limited to, any of the following:

(a) If the participant Family or owner already has a Repayment Agreement in place;

(b) If DCHA determines that the Family or owner:

(1) committed program fraud;

(2) intentionally withheld information; or

(3) intentionally provided false information; or

(c) If the Family already has a Repayment Agreement in place and incurs an additional debt to DCHA, any old debts to DCHA shall be paid in full before DCHA enters into a new Repayment Agreement.

D.C. Mun. Regs. tit. 14, r. 14-5602

Final Rulemaking published at 59 DCR 7935, 7937 (June 29, 2012)

Authority: Board of Commissioners of the District of Columbia Housing Authority (DCHA) pursuant to D.C. Official Code § 6-203 (2008 Repl.)