§ 74.3. RENT ESCROW ACCOUNT PROGRAM (REAP) FUNDS.

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The Director-DPH shall establish and maintain rent escrow accounts in accordance with the Rent Escrow Account Program (REAP) established by this Chapter and in accordance with commonly accepted fiduciary practice. Monthly rental payments made into REAP accounts pursuant to the provisions of this Chapter by tenants lawfully occupying unsafe residential units shall be used for the purposes established by this Chapter.
(Added by Ord. 398-96, App. 10/21/96; amended by Ord. 328-00, File No. 001923, App. 12/18/2000)

                    
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