District of Columbia Community Development and Finance Corporation Act

[AI summary unavailable — showing source text] District of Columbia Community Development and Finance Corporation Act - Title I: General Provisions - Expresses the findings of Congress and the purposes of this Act. Defines the terms used in this Act. Creates the District of Columbia Community Development and Finance Corporation, an instrumentality of the D.C. government, and establishes a board of directors for such Corporation. Title II: Powers of the Corporation - Enumerates twenty-seven powers of the Corporation, including to invest funds, engage consultants, provide loans to the D.C. government, acquire property, and manage projects. Directs the Corporation to prepare an annual program of activities, projects and budgets to achieve comprehensive planning and community objectives adopted by the D.C. government. Details the procedures for the approval of such program by the Mayor and the Council of the District of Columbia. Provides for the compliance, in the execution of all projects, with local zoning and building laws and regulations. Empowers the Corporation to sell, transfer or lease a project, or portion of, by resolution of an absolute majority of the board of directors whenever it finds such sale, transfer, or lease f…