District of Columbia legislation · 26th Council
District of Columbia B819: Ownership and Wealth-building for our Neighbors (OWN) Omnibus Amendment Act of 2026
Status: In committee, October 22, 2026
As introduced, Bill 26-819 would require condominium unit owners associations to conduct remaining life, repair, and replacement cost studies and to subsidize unrealized equity increases in an inclusionary zoning ownership unit sale. Among other things, it would create a local residential mortgage foreclosure prevention program.
What the bill says
A bill ___________ IN THE COUNCIL OF THE DISTRICT OF COLUMBIA _________________ To amend The Condominium Act of 1976 to require condominium unit owners associations to conduct remaining life, repair, and replacement cost studies, to amend the Inclusionary Zoning Implementation Amendment Act of 2006 to require the Department of Housing and Community Development to subsidize unrealized equity increases in an Inclusionary Zoning ownership unit sale, to amend the Home Purchase Assistance Fund Act of 1978 to allow for asynchronous group education Home Purchase Assistance Program sessions and to all…
From the introduced text, September 28, 2026:
A BILL ___________ IN THE COUNCIL OF THE DISTRICT OF COLUMBIA _________________ To amend The Condominium Act of 1976 to require condominium unit owners associations to conduct remaining life, repair, and replacement cost studies, to amend the Inclusionary Zoning Implementation Amendment Act of 2006 to require the Department of Housing and Community Development to subsidize unrealized equity increases in an Inclusionary Zoning ownership unit sale, to amend the Home Purchase Assistance Fund Act of 1978 to allow for asynchronous group education Home Purchase Assistance Program sessions and to allow qualified lenders to underwrite and assess qualification of Home Purchase Assistance Program loans, to amend the District of Columbia Housing Finance Agency Act to create a local residential mortgage foreclosure prevention program, establish the guidelines of the program and the criteria of a qualified applicant, establish a fund for the program, and fund the program through fees on closing and foreclosure filings. BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Ownership and Wealth-building for our Neighbors (OWN) Omnibus Amendment Act of 2026" Sec. 2 The Condominium Act of 1976, effective March 29, 1977 (D.C. Law 1-89 D.C. Official Code § 42-1901 et seq.), is amended as follows: (a)Section 102 is amended as follows: (1) A new subparagraph (27A) is added …