California Health and Safety Code CHAPTER 11 - California Homebuyer’s Downpayment Assistance Program

• Section 51500.
  This chapter shall be known and may be cited as the California Homebuyer’s Downpayment Assistance Program.(Added by Stats. 2000, Ch. 81, Sec. 1. Effective July...
• Section 51501.
  The Legislature finds and declares all of the following:(a)  There is a continuing and urgent need to provide affordable mortgage financing to meet the increasingly...
• Section 51502.
  The purpose of the California Homebuyer’s Downpayment Assistance Program is to assist first-time low- and moderate-income homebuyers utilizing existing mortgage financing.(Added by Stats. 2000, Ch....
• Section 51504.
  (a) The agency shall administer a downpayment assistance program that includes, but is not limited to, all of the following:(1) Downpayment assistance shall include, but not be...
• Section 51505.
  (a) In addition to the downpayment assistance program authorized by Section 51504, and notwithstanding any provision of Section 51504 to the contrary, the agency shall provide...
• Section 51506.
  The downpayment assistance provided by this program shall be limited to first-time homebuyers.(Added by Stats. 2000, Ch. 81, Sec. 1. Effective July 5, 2000. Inoperative...
• Section 51510.
  The agency shall have all the powers conferred upon it by this part (commencing with Section 50900) in administering this chapter.(Added by Stats. 2000, Ch....
• Section 51511.
  (a) This chapter, except for this section, shall not be operative on and after July 1, 2016.(b) On and after July 1, 2016, any unobligated amounts remaining...

Last modified: October 22, 2018