DIVISION 107. STATEWIDE HEALTH PLANNING AND DEVELOPMENT 127000-130070›PART 6. FACILITIES LOAN INSURANCE AND FINANCING 129000-129590›CHAPTER 1. Health Facility Construction Loan Insurance 129000-129355›ARTICLE 7. Small Facility Loan Guarantee for Developmental Disability Programs 129275-129295
§ 129295
California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · California
The office may insure, pursuant to this article, loans to nonprofit borrowers that are not licensed to operate the facilities for which the loans are insured, provided that the borrower has entered into a long-term residency lease agreement with a service provider selected by the applicable regional center to operate that facility. The number of facilities for which loans are insured under this section shall not exceed 100 and the aggregate amount of loans insured under this section shall not exceed one hundred million dollars ($100,000,000).
(Amended by Stats. 2010, Ch. 730, Sec. 5. (AB 1629) Effective October 19, 2010.)
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