California Statutes

§ 50612. — 50612. (Added by Stats. 2023, Ch. 402, Sec. 1.)

California § 50612.
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. 5.6.CHAPTER 5.6. Stable Affordable Housing Act of 2023

This text of California § 50612. (50612. (Added by Stats. 2023, Ch. 402, 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 § 50612. (2026).

Text

For purposes of this chapter:

(a)“Afford” and “affordable” mean that a household pays no more than 30 percent of its household income on rent.
(b)“Affordable rent” has the same meaning as defined in Section 50675.2.
(c)“Department” means the Department of Housing and Community Development.
(d)“Extremely low income” has the same meaning as the term “extremely low income households” is defined in Section 50106.
(e)“Limited-equity housing cooperative” has the same meaning as the term is defined in Section 817 of the Civil Code.
(f)“Low-income” has the same meaning as the term “lower income households” is defined in Section 50079.5.
(g)“Mission-driven nonprofit entity” includes both of the following:
(1)“Eligible nonprofit corporation” as defined in subparagraph (D) of paragraph (3) of

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Legislative History

Added by Stats. 2023, Ch. 402, Sec. 1. (SB 555) Effective January 1, 2024.
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California § 50612., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/50612..