California § 51654. 51654. (Amended by Stats. 2003, Ch. 553, Sec. 13.)

California Statutes

§ 51654. — 51654. (Amended by Stats. 2003, Ch. 553, Sec. 13.)

California § 51654.

JurisdictionCalifornia

Code HSCHealth and Safety Code - HSC

Div. 31.DIVISION 31. HOUSING AND HOME FINANCE

Part 4.PART 4. BOND AND LOAN INSURANCE

Ch. 4.CHAPTER 4. Loan Insurance

This text of California § 51654. (51654. (Amended by Stats. 2003, Ch. 553, Sec. 13.)) 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 § 51654. (2026).

Text

The agency may provide insurance pursuant to this part for all of the following:

(a)Loans for residential structures that will be occupied primarily by persons and families of low or moderate income.

(b)Loans for privately or publicly financed rental housing developments that will benefit lower income households. “Privately financed rental housing development,” as used in this subdivision, includes rental housing developments financed by local public entities, as defined in Section 50079.

(c)Loans that otherwise meet the requirements for participation in an affordable housing program or product offered by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Association (Freddie Mac).

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The agency may provide insurance pursuant to this part for all of the following:
(a)
Loans for residential structures that will be occupied primarily by persons and families of low or moderate income.
(b)
Loans for privately or publicly financed rental housing developments that will benefit lower income households. “Privately financed rental housing development,” as used in this subdivision, includes rental housing developments financed by local public entities, as defined in Section 50079.
(c)
Loans that otherwise meet the requirements for participation in an affordable housing program or product offered by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Association (Freddie Mac).

Legislative History

Amended by Stats. 2003, Ch. 553, Sec. 13. Effective January 1, 2004.

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California § 51654., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/51654..