California Statutes
§ 52076. — 52076. (Added by Stats. 2002, Ch. 12, Sec. 1.)
California·Code HSC Health and Safety Code - HSC·Div. 31. DIVISION 31. HOUSING AND HOME FINANCE·Part 5. PART 5. LOCAL HOUSING FINANCE AGENCIES·Ch. 7. CHAPTER 7. Multifamily Rental Housing·Art. 1. ARTICLE 1. Financing
Subject to the limitations prescribed in this chapter, a city or county may make, or undertake commitments to make, construction loans and mortgage loans to housing sponsors to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing. For this purpose, the city or county shall enter into regulatory contracts and other agreements with housing sponsors receiving loans under this chapter to assure all requirements of this chapter are satisfied.
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California § 52076. (52076. (Added by Stats. 2002, Ch. 12, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 12, Sec. 1. Effective March 11, 2002.