California § 50650.7. 50650.7. (Added by Stats. 2000, Ch. 84, Sec. 2.)

California Statutes

§ 50650.7. — 50650.7. (Added by Stats. 2000, Ch. 84, Sec. 2.)

California·Code HSC Health 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

For appropriations of fifteen million dollars ($15,000,000) or less, the department may administer the funds using guidelines that shall not be subject to the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Title 2 of the Government Code). If an appropriation exceeds that amount, the department may administer the funds using guidelines for 24 months, during which time those guidelines shall not be subject to the Administrative Procedure Act. The guidelines and any regulations governing the CalHome Program shall include, among
				other things, loan terms and limits, underwriting standards, home price limits, application procedures and selection criteria, loan and grant documentation requirements, and monitoring requirements.

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For appropriations of fifteen million dollars ($15,000,000) or less, the department may administer the funds using guidelines that shall not be subject to the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Title 2 of the Government Code). If an appropriation exceeds that amount, the department may administer the funds using guidelines for 24 months, during which time those guidelines shall not be subject to the Administrative Procedure Act. The guidelines and any regulations governing the CalHome Program shall include, among
other things, loan terms and limits, underwriting standards, home price limits, application procedures and selection criteria, loan and grant documentation requirements, and monitoring requirements.

California § 50650.7. (50650.7. (Added by Stats. 2000, Ch. 84, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.