California Statutes

§ 62103. — 62103. (Added by Stats. 2015, Ch. 319, Sec. 2.)

California·Code GOV Government Code - GOV·Div. 4.·Title 6. DIVISION 4. Community Revitalization and Investment Authorities·Part 2. PART 2. Housing·Ch. 1. CHAPTER 1. Housing for Persons of Low and Moderate Income

Every community revitalization plan shall contain both of the following:

(a)A provision that requires, whenever dwelling units housing persons and families of low or moderate income are destroyed or removed from the low- and moderate-income housing market as part of a revitalization project, the authority to, within two years of such destruction or removal, rehabilitate, develop, or construct, or cause to be rehabilitated, developed, or constructed, for rental or sale to persons and families of low or moderate income an equal number of replacement dwelling units at affordable housing costs, as defined by Section 50052.5 of the Health and Safety Code, within the territorial jurisdiction of the authority, in accordance with all of the provisions of Sections 62120 and 62120.5.
(b)A

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California § 62103. (62103. (Added by Stats. 2015, Ch. 319, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2015, Ch. 319, Sec. 2. (AB 2) Effective January 1, 2016.
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