California Statutes

§ 51181. — 51181. (Added by Stats. 1982, Ch. 1448, Sec. 1.)

California·Code HSC Health 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. 4.5. ARTICLE 4.5. Subordinated Mortgage Loans
The agency shall accept applications from housing sponsors for subordinated loans for rental housing developments upon which construction commences on or after January 1, 1983. Not less than 20 percent of the units in the rental housing development shall be made available on a priority basis to lower income households, as defined in Section 50079.5.

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California § 51181. (51181. (Added by Stats. 1982, Ch. 1448, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1982, Ch. 1448, Sec. 1.
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