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DIVISION 31. HOUSING AND HOME FINANCE 50000-54034›PART 3. CALIFORNIA HOUSING FINANCE AGENCY 50900-51511›CHAPTER 2. Purposes and General Provisions 50950-50962

§ 50957

California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · California

No development or construction loan shall be made pursuant to this part if the agency determines that the making of such a loan would result in the permanent loss of a subsidy or a reduction in future subsidies due to the failure of the agency to use currently available subsidies.

(Added by Stats. 1977, Ch. 610.)

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