Statute · California Health and Safety Code
Cal. Health & Safety Code § 52076 — Financing
Cal. Health & Safety Code § 52076
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2002-03-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Subject to the limitations prescribed in this chapter, a city or county may make, or undertake commitments to make, construction loans and mortgage loans to housing sponsors to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing. For…
Citator
Cal. Health & Safety Code § 52076 — Financing is in force in the current edition of the Code, and nothing recorded condemns it.
Subject to the limitations prescribed in this chapter, a city or county may make, or undertake commitments to make, construction loans and mortgage loans to housing sponsors to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing. For this purpose, the city or county shall enter into regulatory contracts and other agreements with housing sponsors receiving loans under this chapter to assure all requirements of this chapter are satisfied.