California Health and Safety Code CHAPTER 6.5 - Deferred-Payment Rehabilitation Loans

  • Section 50660.
    The Legislature finds and declares that the rehabilitation of existing housing is necessary to the continued viability of neighborhoods, the elimination of health and safety...
  • Section 50660.5.
    (a) It is the intent of the Legislature to encourage local governments to assist residents to repair and rebuild housing in a cost-efficient and expeditious manner...
  • Section 50661.
    (a) There is hereby created in the State Treasury the Housing Rehabilitation Loan Fund. All interest or other increments resulting from the investment of moneys in...
  • Section 50661.5.
    (a) There is hereby created in the State Treasury the California Disaster Housing Repair Fund, into which shall be paid all moneys appropriated by the Legislature...
  • Section 50661.7.
    The Director of the Department of Housing and Community Development may transfer moneys appropriated or otherwise made available for the purposes of the programs established...
  • Section 50662.
    The department shall adopt regulations establishing terms upon which deferred-payment rehabilitation loans may be made. The amount of a deferred-payment rehabilitation loan shall in no...
  • Section 50662.2.
    Deferred-payment loans may be made to finance actual costs incurred to meet rehabilitation standards for rehabilitation of mobilehome parks, as defined in Section 18214, for...
  • Section 50662.5.
    For the purpose of providing disaster relief to those owners of owner-occupied single-family dwellings that were damaged or destroyed as a result of the Los...
  • Section 50662.7.
    For the purpose of providing disaster relief to those owners of owner-occupied dwellings that were damaged or destroyed as a result of a natural disaster...
  • Section 50662.8.
    (a) Notwithstanding paragraph (1) of subdivision (d) of Section 50662.7, the department may allow the assumption of any loan made pursuant to subdivision (b) of that...
  • Section 50663.
    The department may contract with a local public entity or nonprofit corporation to provide any portion of uncommitted funds in the Housing Rehabilitation Loan Fund...
  • Section 50664.
    Deferred-payment loans may be made to local agencies for repair of substandard dwellings through a master agreement and fund commitment. Such agreements shall limit the...
  • Section 50665.
    In residential rehabilitation areas designated pursuant to Section 37921, or in conjunction with financing of residential rehabilitation outside such areas as provided in Section 37922.1...
  • Section 50666.
    In concentrated rehabilitation areas designated pursuant to Section 51302, a person or family of low or moderate income who is the owner of an owner-occupied...
  • Section 50667.
    In those counties and cities in which the California Housing Finance Agency has allocated funds for mortgage loans for rehabilitation of housing developments pursuant to...
  • Section 50667.5.
    In areas in which a local public entity or nonprofit corporation is undertaking a rehabilitation or code enforcement program for which federal funds are being...
  • Section 50668.
    (a)  Except as provided in subdivision (b) or in Section 50664, deferred-payment loans may be made only through agreements between the local public entity which...
  • Section 50668.5.
    For the purpose of providing financial assistance pursuant to this chapter utilizing bond proceeds transferred to the Housing Rehabilitation Loan Fund pursuant to paragraph (2)...
  • Section 50669.
    As used in Section 50670:(a)  “Deferred-payment loan” means a loan for acquisition and rehabilitation of a rental housing development which (1)  has a term of...
  • Section 50670.
    (a)  The department shall establish a Special User Housing Rehabilitation Program under which it may make deferred-payment loans to sponsors for the rehabilitation or the...
  • Section 50671.
    For the purpose of providing disaster relief to owners of rental housing and the tenants residing in rental housing that was damaged or destroyed as...
  • Section 50671.5.
    For the purpose of providing disaster relief to owners of rental housing and the tenants residing in rental housing that was damaged or destroyed as...
  • Section 50671.6.
    For the purpose of preserving or expanding the supply of rental housing affordable to low- and very low-income tenants in cities or counties affected by...

Last modified: October 22, 2018