Statute · California Health and Safety Code

Cal. Health & Safety Code § 34194.3 — Community Remittances

Cal. Health & Safety Code § 34194.3

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Date
2011-06-29
Current through
Nov 2, 2026 (California Legislative Counsel)

For the 2011–12 fiscal year only, a redevelopment agency included in a city or county that complies with the provisions of this part shall be exempt from making the full allocation required to be made to the Low and Moderate Income Housing Fund, pursuant to Sections 33334.2, 33334.4, and…

Citator

Cal. Health & Safety Code § 34194.3 — Community Remittances is in force in the current edition of the Code, and nothing recorded condemns it.

For the 2011–12 fiscal year only, a redevelopment agency included in a city or county that complies with the provisions of this part shall be exempt from making the full allocation required to be made to the Low and Moderate Income Housing Fund, pursuant to Sections 33334.2, 33334.4, and 33334.6. It is the intent of the Legislature that Low and Moderate Income Housing Fund allocations be maintained to the extent feasible. As a condition of reducing its allocation pursuant to this section, the agency shall make a finding that there are insufficient other moneys to meet its debt and other obligations, current priority program needs, or its obligations under Section 34194.2.