California Statutes
§ 50650.4. — 50650.4. (Amended by Stats. 2019, Ch. 159, Sec. 17.)
California § 50650.4.
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. 6.CHAPTER 6. CalHome Program
This text of California § 50650.4. (50650.4. (Amended by Stats. 2019, Ch. 159, Sec. 17.)) 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 § 50650.4. (2026).
Text
(a)To be eligible to receive a grant or loan, local public agencies or nonprofit corporations shall demonstrate sufficient organizational stability and capacity to carry out the activity for which they are requesting funds, including, where applicable, the capacity to manage a portfolio of individual loans over an extended time period. Capacity may be demonstrated by substantial successful experience performing similar activities, or through other means acceptable to the department. In administering the CalHome program, the department may permit local agencies and nonprofit corporations to apply their own underwriting guidelines when evaluating CalHome rehabilitation loan applications, following prior review and approval of those guidelines by the department. The local agency or nonprofit
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Legislative History
Amended by Stats. 2019, Ch. 159, Sec. 17. (AB 101) Effective July 31, 2019.
Nearby Sections
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Bluebook (online)
California § 50650.4., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/50650.4..