California Health and Safety Code CHAPTER 11 - Mobilehome Park Purchase Fund

  • Section 50780.
    (a)  The Legislature finds and declares as follows: (1)  That manufactured housing and mobilehome parks provide a significant source of homeownership for California residents, but...
  • Section 50781.
    Unless the context otherwise requires, the following definitions given in this section shall control construction of this chapter:(a) “Affordable” means that, where feasible, low-income residents should...
  • Section 50782.
    (a) The Mobilehome Park Rehabilitation and Purchase Fund is hereby created in the State Treasury and, notwithstanding Section 13340 of the Government Code or any other...
  • Section 50783.
    (a) The department may make loans from the fund to resident organizations for the purpose of financing mobilehome park conversion costs.(b) Loans provided pursuant to this section...
  • Section 50784.
    (a) The department may make loans from the fund to individual low-income residents of mobilehome parks that have converted to resident ownership or resident organizations that...
  • Section 50784.5.
    (a) The department may make loans from the Mobilehome Park Rehabilitation and Purchase Fund to a qualified nonprofit housing sponsor or a local public entity to...
  • Section 50784.7.
    (a) The department may make loans to resident organizations or qualified nonprofit sponsors from the fund for the purpose of assisting lower income homeowners to do...
  • Section 50785.
    (a) In determining the eligibility for and amount of loans pursuant to this chapter, the department shall take into consideration, among other factors, all of the...
  • Section 50786.
    (a) The department shall adopt regulations for the administration and implementation of this chapter.(b) The department shall obtain the best available security for loans made pursuant to...
  • Section 50786.5.
    Notwithstanding any other provision of this chapter, where a city, county, or other local governmental entity has acquired a mobilehome park for the purpose of...
  • Section 50787.
    (a) In addition to the other uses of the fund and activities authorized by this chapter, the department may contract directly with nonprofit corporations that have...

Last modified: October 22, 2018