Dashboard; continuing eligibility.

(a) Repealed. (b) (1) DHCD shall maintain and publish a Program dashboard, which shall include, at a minimum: (A) The total Program funding available, excluding administrative costs, as of the date of updating the dashboard; (B) The underwriting guidelines and program rules for each Program administrator; (C) For each fiscal year, the average amount of time it takes for each Program administrator and DHCD to: (i) Issue a notice of eligibility after receiving an application for assistance; (ii) Issue a notice to proceed after issuing a notice of eligibility; and (iii) Enter into a final loan agreement after issuing a notice to proceed. (2) DHCD shall update the dashboard every 5 business days when the level of available Program funding is at $5 million or above and every 2 business days when the level of available Program funding is below $5 million. (c) Notwithstanding subsection (a) of this section: (1) Applicants required by Program rules to receive housing counseling to receive assistance shall be permitted no less than 2 years after the completion of housing counseling to receive financial assistance from the Program; (2) Priority in the allocation of assistance through the Fund shall be given to District of Columbia residents who are low income, elderly, displaced applicants, or residents with disabilities; (3) The Mayor shall distribute Program funding to eligible applicants on a rolling basis upon availability of funding and shall not select applicants for funding based on a lottery or other similar randomization method; (4) The Mayor shall not use loan-to-value ratio nor the amount of a participant's first trust mortgage on a housing unit to decide whether a participant will receive Program funding; and (5) If Program funding is depleted before the end of the fiscal year in which an applicant receives a notice of eligibility, the notice of eligibility shall remain valid through at least the end of the next fiscal year with available funding.