(a) For each loan issued under this subchapter, the Mayor shall arrange a repayment schedule.
(b) Each loan granted from the fund shall be recorded as a lien against the real and personal property of the applicant.
CREDIT(S)
(Mar. 16, 1989, D.C. Law 7-220, § 6, 36 DCR 550.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 6-3605.
Legislative History of Laws
For legislative history of D.C. Law 7-220, see Historical and Statutory Notes following § 7-2001.
Editor's Notes
Because of the codification of D.C. Law 12-215 as subchapter II of this chapter, the designation of the preexisting text as subchapter I, “subchapter” has been substituted for “chapter” in subsection (a).