Statute · California Health and Safety Code
Cal. Health & Safety Code § 51181 — Subordinated Mortgage Loans
Cal. Health & Safety Code § 51181
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The agency shall accept applications from housing sponsors for subordinated loans for rental housing developments upon which construction commences on or after January 1, 1983. Not less than 20 percent of the units in the rental housing development shall be made available on a priority basis to…
Citator
Cal. Health & Safety Code § 51181 — Subordinated Mortgage Loans is in force in the current edition of the Code, and nothing recorded condemns it.
The agency shall accept applications from housing sponsors for subordinated loans for rental housing developments upon which construction commences on or after January 1, 1983. Not less than 20 percent of the units in the rental housing development shall be made available on a priority basis to lower income households, as defined in Section 50079.5.