California § 66340. 66340. (Added by Stats. 2024, Ch. 7, Sec. 20.)

California Statutes

§ 66340. — 66340. (Added by Stats. 2024, Ch. 7, Sec. 20.)

California·Code GOV Government Code - GOV·Div. 1.·Title 7. DIVISION 1. PLANNING AND ZONING·Ch. 13. CHAPTER 13. Accessory Dwelling Units·Art. 4. ARTICLE 4. Accessory Dwelling Unit Sales

For purposes of this article:

(a)“Qualified buyer” means persons and families of low or moderate income, as that term is defined in Section 50093 of the Health and Safety Code.

(b)“Qualified nonprofit corporation” means a nonprofit corporation organized pursuant to Section 501(c)(3) of the Internal Revenue Code that has received a welfare exemption under Section 214.15 of the Revenue and Taxation Code for properties intended to be sold to low-income families who participate in a special no-interest loan program.

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For purposes of this article:
(a)
“Qualified buyer” means persons and families of low or moderate income, as that term is defined in Section 50093 of the Health and Safety Code.
(b)
“Qualified nonprofit corporation” means a nonprofit corporation organized pursuant to Section 501(c)(3) of the Internal Revenue Code that has received a welfare exemption under Section 214.15 of the Revenue and Taxation Code for properties intended to be sold to low-income families who participate in a special no-interest loan program.

California § 66340. (66340. (Added by Stats. 2024, Ch. 7, Sec. 20.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2024, Ch. 7, Sec. 20. (SB 477) Effective March 25, 2024.

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