California Statutes

§ 51176. — 51176. (Amended by Stats. 1981, Ch. 1031.)

California § 51176.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 31.DIVISION 31. HOUSING AND HOME FINANCE
Part 3.PART 3. CALIFORNIA HOUSING FINANCE AGENCY
Ch. 5.CHAPTER 5. Financing of Housing Developments and Residential Structures
Art. 4.ARTICLE 4. Lender of Last Resort

This text of California § 51176. (51176. (Amended by Stats. 1981, Ch. 1031.)) 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 § 51176. (2026).

Text

In rural mortgage areas the agency may make and undertake commitments to make construction loans and mortgage loans to finance owner-occupied residential structures without the participation of a qualified mortgage lender if no qualified mortgage lender will participate in financing such residential structures as provided in Article 2 (commencing with Section 51125) or Article 3 (commencing with Section 51150) of this chapter, or if the board determines that the agency can initiate or service loans directly at less cost than through use of a qualified mortgage lender.

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Legislative History

Amended by Stats. 1981, Ch. 1031.
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Bluebook (online)
California § 51176., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/51176..