California Statutes

§ 50896.3. — 50896.3. (Amended by Stats. 2022, Ch. 70, Sec. 35.)

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. 16. CHAPTER 16. HOME Investment Partnerships Act
(a)All HOME funds made available to the state shall be allocated by the department for the purposes specified in HOME in accordance with the following provisions:
(1)The department may allocate state HOME funds to local agencies that do not meet the threshold entitlement in an amount not to exceed the difference between the computed entitlement and the threshold.
(2)The department may allocate HOME funds, in an amount determined by the department, to any local agency that does not receive a formula allocation.
(3)The department may allocate HOME funds to housing sponsors who are eligible to participate and meet the standards required in the housing programs authorized by Part 2 (commencing with Section 50400) of this division.
(b)Notwithstanding any other law, the department may

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California § 50896.3. (50896.3. (Amended by Stats. 2022, Ch. 70, Sec. 35.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2022, Ch. 70, Sec. 35. (SB 197) Effective June 30, 2022.

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