California Government Code CHAPTER 1 - Housing for Persons of Low and Moderate Income

  • Section 62100.
    (a) Not less than 25 percent of all taxes that are allocated to the authority from any participating entity pursuant to Section 62005 shall be deposited...
  • Section 62101.
    (a) The funds that are required by Section 62100 or 62103 to be used for the purposes of increasing, improving, and preserving the community’s supply of...
  • Section 62102.
    (a) Except as specified in subdivision (d), each authority shall expend over each 10-year period of the community revitalization plan the moneys in the Low and...
  • Section 62103.
    Every community revitalization plan shall contain both of the following:(a) A provision that requires, whenever dwelling units housing persons and families of low or moderate income...
  • Section 62104.
    Programs to assist or develop low- and moderate-income housing pursuant to this part shall be entitled to priority consideration after a program implemented by a...
  • Section 62105.
    The same notice requirements as specified in Section 65863.10 shall apply to multifamily rental housing that receives financial assistance pursuant to Sections 62100 and 62101.(Added...
  • Section 62106.
    Notwithstanding Sections 62100 and 62101, assistance provided by an authority to preserve the availability to lower income households of affordable housing units within the plan...
  • Section 62107.
    (a) Except as otherwise provided in this subdivision, not later than six months following the close of any fiscal year of an authority in which excess...
  • Section 62108.
    (a) (1) Upon failure of the authority to expend or encumber excess surplus in the Low and Moderate Income Housing Fund within one year from the date...
  • Section 62109.
    (a) Notwithstanding Sections 50079.5, 50093, and 50105 of the Health and Safety Code, for purposes of providing assistance to mortgagors participating in a homeownership residential mortgage...
  • Section 62110.
    The covenants or restrictions imposed by the authority pursuant to subdivision (f) of Section 62101 may be subordinated under any of the following alternatives:(a) To a...
  • Section 62111.
    Subsidies provided pursuant to subdivision (e) of Section 62100 may include payment of a portion of the principal and interest on bonds issued by a...
  • Section 62112.
    For each interest in real property acquired using moneys from the Low and Moderate Income Housing Fund, the authority shall, within five years from the...

Last modified: October 22, 2018