California Statutes
§ 537. — 537. (Added by Stats. 2016, Ch. 623, Sec. 5.)
California·Code WAT Water Code - WAT·Div. 1. DIVISION 1. GENERAL STATE POWERS OVER WATER·Ch. 8. CHAPTER 8. Water Measurement·Art. 5. ARTICLE 5. Multiunit Structures
(a)The structures in all of the following categories shall be exempt from this article:
(1)Low-income housing. For purposes of this paragraph, “low-income housing” means a residential building financed with low-income housing tax credits, tax-exempt mortgage revenue bonds, general obligation bonds, or local, state, or federal loans or grants, for which the rents of the occupants in lower income households, as defined in Section 50079.5 of the Health and Safety Code, do not exceed rents prescribed by deed restrictions or regulatory agreements pursuant to the terms of the financing or financial assistance, and for which not less than 90 percent of the dwelling units within the building are designated for occupancy by lower income households, as
defined in Section 50079.5 of the Healt
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California § 537. (537. (Added by Stats. 2016, Ch. 623, Sec. 5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2016, Ch. 623, Sec. 5. (SB 7) Effective January 1, 2017. Section operative January 1, 2018, pursuant to Section 537.5.