California Health and Safety Code CHAPTER 4 - General Powers

• Section 51050.
  The agency shall have all of the following powers:(a) To sue and be sued in its own name.(b) To have an official seal and to alter the...
• Section 51050.1.
  The agency may make loans to finance affordable housing, including residential structures, housing developments, multifamily rental housing, special needs housing, and other forms of housing...
• Section 51051.
  The agency shall be a state representative for purposes of receiving and allocating financial aid and contributions from agencies of the federal government which are...
• Section 51053.
  The agency may make and execute contracts with qualified mortgage lenders for the initiation or servicing of mortgage loans, construction loans, property improvement loans, or...
• Section 51054.
  The agency may make or undertake commitments to make development loans, construction loans, mortgage loans, and property improvement loans to housing sponsors to finance housing...
• Section 51055.
  The agency may purchase and sell construction loans, mortgage loans, property improvement loans, obligations secured by these loans, insurance on these loans, and participation therein.(Amended...
• Section 51056.
  Construction loans, mortgage loans, and property improvement loans made, purchased, assigned or serving as security for obligations or participations pursuant to this part shall be...
• Section 51058.
  (a)  The agency may renegotiate, refinance, foreclose, or contract for the foreclosure of, any mortgage in default and may waive any default or consent to...
• Section 51058.5.
  Notwithstanding any other provision of law, the agency is not required to promulgate rules and regulations in order to establish or operate a mortgage refinance...
• Section 51059.
  The agency may procure insurance or coinsurance or guarantees from the federal government or from any governmental agency or instrumentality thereof, or from any private...
• Section 51060.
  The agency may, for services performed, charge and collect from housing sponsors and qualified mortgage lenders such fees and charges for the purpose of defraying...
• Section 51061.
  The agency may sell or convey real property owned by the agency to persons and families of low or moderate income, nonprofit housing sponsors, and...
• Section 51062.
  The agency shall establish criteria for housing sponsors and qualified mortgage lenders, which shall be designed to assure the financial integrity of programs authorized by...
• Section 51063.
  Relocation payments shall be made to persons and families of low or moderate income who are residents displaced because of temporary or permanent displacement for...
• Section 51064.
  The agency shall establish maximum sale prices for the initial sale of residential structures, the acquisition, construction, or rehabilitation of which is financed by the...
• Section 51065.
  The agency may make grants to nonprofit housing sponsors and local public entities to meet expenses incurred in planning, constructing, rehabilitating, or managing housing developments....
• Section 51065.1.
  The agency may make grants to buyers of residential structures combined with first mortgage loans financed by the agency to be used in conjunction with...
• Section 51065.5.
  The agency may make unsecured loans or loans secured by assets other than real property to local public entities. The loans may be funded by...
• Section 51066.
  For housing developments financed by a mortgage loan from the agency, the agency shall establish a grievance procedure or require housing sponsors to establish a...
• Section 51067.
  The agency shall adopt standards for the admission of tenants, termination of tenancies, and eligibility of purchasers of housing financed under this part as well...
• Section 51068.
  (a)  Except as otherwise provided in subdivision (b) and notwithstanding the provisions of Sections 711, 711.5, and 1916.5 of the Civil Code, the agency shall...
• Section 51069.
  The agency, after approving an application for mutual self-help housing, may make development loans and construction loans for land acquisition and development costs to eligible...
• Section 51070.
  The agency shall require that qualified mortgage lenders do not substitute funds made available under this part for the lenders’ own resources, without permission of...

Last modified: October 22, 2018