Statute · California Health and Safety Code

Cal. Health & Safety Code § 51522 — California Dream for All Program

Cal. Health & Safety Code § 51522

Type: Statute
Source: California Health and Safety Code
Jurisdiction: California
Date: 2022-06-30
Current through: Nov 2, 2026 (California Legislative Counsel)

For the purposes of this chapter:

Citator

Cal. Health & Safety Code § 51522 — California Dream for All Program is in force in the current edition of the Code, and nothing recorded condemns it.

For the purposes of this chapter:

(a) “First-time homebuyer” has the same meaning as defined in Section 50068.5.

(b) “Fund” means the California Dream for All Fund.

(c) “Program” means the California Dream for All Program.

(d) “Shared appreciation loan” means a deferred-payment subordinate mortgage loan, the repayment of which is based on the amount of the subordinate loan plus the appreciation in the value of the home financed by the loan from the time of purchase to the time the home is sold or refinanced.