Statute · California Health and Safety Code

Cal. Health & Safety Code § 50675.3 — Multifamily Housing Program

Cal. Health & Safety Code § 50675.3

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Date
2000-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Any moneys appropriated and made available by the Legislature for the purposes of this chapter and all moneys received by the department in repayment of loans made pursuant to this chapter, including interest and payments in advance in lieu of future interest, shall be deposited in the Housing…

Citator

Cal. Health & Safety Code § 50675.3 — Multifamily Housing Program is in force in the current edition of the Code, and nothing recorded condemns it.

Any moneys appropriated and made available by the Legislature for the purposes of this chapter and all moneys received by the department in repayment of loans made pursuant to this chapter, including interest and payments in advance in lieu of future interest, shall be deposited in the Housing Rehabilitation Loan Fund established by Section 50661. These moneys shall be used for the purposes of this chapter, including the implementation and operation of the program created by this chapter, and the administrative expenses of the department shall not exceed 5 percent of the funds appropriated by the Legislature for the purposes of this chapter.