3509. DEVELOPMENT FINANCING COMMITMENTS

3509 DEVELOPMENT FINANCING COMMITMENTS 3509.1 In determining whether to provide a development financing commitment, the land trust shall use the applicable procedures, standards, and criteria approved by the Mayor’s delegee under subsection 3506. 3509.2 Upon the occurrence of the conditions set forth in the development financing commitment, the land trust may provide development financing to the developer that received the development financing commitment. SOURCE: Final Rulemaking published at 55 DCR 7923 (July 25, 2008).