Statute · California Health and Safety Code

Cal. Health & Safety Code § 50958 — Purposes and General Provisions

Cal. Health & Safety Code § 50958

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

Mortgage loans made pursuant to this part to housing sponsors, other than local public entities and nonprofit housing sponsors of rental and cooperative housing developments, shall not exceed 95 percent of the development costs of the housing development for which the loan is made. Loans made…

Citator

Cal. Health & Safety Code § 50958 — Purposes and General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

Mortgage loans made pursuant to this part to housing sponsors, other than local public entities and nonprofit housing sponsors of rental and cooperative housing developments, shall not exceed 95 percent of the development costs of the housing development for which the loan is made. Loans made pursuant to this part to local public entities and nonprofit housing sponsors shall in no event exceed 100 percent of development costs.