California Statutes

§ 50467. — 50467. (Added by Stats. 2022, Ch. 639, Sec. 1.)

California § 50467.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 31.DIVISION 31. HOUSING AND HOME FINANCE
Part 2.PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Ch. 2.CHAPTER 2. Policy Activities of the Department

This text of California § 50467. (50467. (Added by Stats. 2022, Ch. 639, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Health and Safety Code - HSC Code § 50467. (2026).

Text

(a)Any notice of funding availability issued by the department for an affordable multifamily housing loan program shall state that adaptive reuse of a property for affordable housing purposes is an eligible activity.
(b)To the extent any affordable multifamily housing loan program also allows for home ownership, this section shall also apply.
(c)Except as provided in subdivision (d), for purposes of this section, “adaptive reuse” means the retrofitting and repurposing of an existing building to create new residential units.
(d)Subdivision (c) shall only apply to an affordable multifamily housing loan program if the program does not define adaptive reuse in statute, agency guideline, or regulation.

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Legislative History

Added by Stats. 2022, Ch. 639, Sec. 1. (AB 1695) Effective January 1, 2023.
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California § 50467., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/50467..