California Statutes
§ 50951. — 50951. (Amended by Stats. 1979, Ch. 1207.)
California § 50951.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 31.DIVISION 31. HOUSING AND HOME FINANCE
Part 3.PART 3. CALIFORNIA HOUSING FINANCE AGENCY
Ch. 2.CHAPTER 2. Purposes and General Provisions
This text of California § 50951. (50951. (Amended by Stats. 1979, Ch. 1207.)) 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 § 50951. (2026).
Text
In meeting the housing needs of persons and families of low or moderate income, not less than 30 percent of the units financed by mortgage loans or property improvement loans pursuant to this part shall be available to, or occupied by, very low income households at affordable rents, unless it is not possible to obtain subsidies necessary to meet such requirement. No development loan, rehabilitation loan, or construction loan shall be made pursuant to this part if the agency determines that its ability to utilize currently available subsidies to meet the requirements of this section would be jeopardized thereby.
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Legislative History
Amended by Stats. 1979, Ch. 1207.
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Bluebook (online)
California § 50951., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/50951..