TITLE 6. DISTRICTS 58000-62464›DIVISION 4. Community Revitalization and Investment Authorities 62000-62208›PART 2. Housing 62100-62123›CHAPTER 1. Housing for Persons of Low and Moderate Income 62100-62112

§ 62111

California Government Code · 2026-09 edition · updated 2026-10-03 · California

Subsidies provided pursuant to subdivision (e) of Section 62100 may include payment of a portion of the principal and interest on bonds issued by a public agency to finance housing for persons and families specified in that paragraph if the authority ensures by contract that the benefit of the subsidy will be passed on to those persons and families in the form of lower housing costs.

(Added by Stats. 2015, Ch. 319, Sec. 2. (AB 2) Effective January 1, 2016.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Government Code

California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.