California Health and Safety Code Section 50957

CA Health & Safety Code § 50957 (2017)  

No development or construction loan shall be made pursuant to this part if the agency determines that the making of such a loan would result in the permanent loss of a subsidy or a reduction in future subsidies due to the failure of the agency to use currently available subsidies.

(Added by Stats. 1977, Ch. 610.)

Last modified: October 25, 2018