California Statutes
§ 52003. — 52003. (Added by Stats. 1979, Ch. 1069.)
California § 52003.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 31.DIVISION 31. HOUSING AND HOME FINANCE
Part 5.PART 5. LOCAL HOUSING FINANCE AGENCIES
Ch. 1.CHAPTER 1. Legislative Findings and Declarations
This text of California § 52003. (52003. (Added by Stats. 1979, Ch. 1069.)) 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 § 52003. (2026).
Text
The Legislature finds and declares that in order to preserve a healthy housing market and avoid a two-tier market where publicly subsidized mortgage capital supplants mortgage capital supplied by private financial institutions, it is necessary for the lending programs of cities and counties to be sufficiently targeted to avoid competition with private sector mortgage lenders, and further that revenue bond financing of mortgage lending by cities and counties be reasonably constrained to avoid disruption of bond markets and the credit standing of the state and its political subdivisions.
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Legislative History
Added by Stats. 1979, Ch. 1069.
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California § 52003., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/52003..