California Health and Safety Code CHAPTER 10 - Multifamily Housing

  • Section 51475.
    (a)  The Legislature finds and declares: (1)  Significant amounts of housing built to serve lower income households and families is disappearing from the housing market....
  • Section 51476.
    The agency shall administer a program for the preservation of multifamily housing under authority of this chapter with funds made available by the California Housing...
  • Section 51477.
    There is hereby created in the State Treasury an Affordable Housing Preservation and Rehabilitation Fund. “Fund” as used in this chapter means the Affordable Housing...
  • Section 51478.
    All of the powers granted under this chapter are cumulative with powers of the agency under other provisions of this part, and this chapter constitutes...
  • Section 51479.
    In administering a program for the preservation of multifamily housing hereunder, the agency may segregate funds available for these purposes into separate accounts as necessary...
  • Section 51480.
    (a)  (1)  Mortgage lending authorized by this chapter shall be for multifamily rental housing developments at risk of conversion. For the purposes of this chapter,...
  • Section 51481.
    Mortgages made by the agency under authority of this chapter shall be secured by a first deed of trust, or by a deed of trust...
  • Section 51482.
    The agency shall adopt policies by resolution of the board for the admission of tenants, termination of tenancies, and eligibility of developers of housing financed...
  • Section 51483.
    The agency shall consult with an outside advisory committee to assist in the implementation of this chapter. The advisory committee shall be comprised of individuals...
  • Section 51484.
    The agency shall have all powers granted under authority of this part to make commitments and execute agreements with developers, other lenders, and any public...

Last modified: October 22, 2018