DIVISION 31. HOUSING AND HOME FINANCE 50000-54034›PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT 50400-50899.7›CHAPTER 1. Organization of the Department and General Powers 50400-50409

§ 50406.8

California Health and Safety Code · 2020-11 edition · updated 2026-10-04 · California

Notwithstanding any other law, the department may expend any funds it is authorized to set aside for curing or averting potential defaults for the purposes of curing or averting defaults on any deferred interest loan issued by the department for rental housing development.

(Added by Stats. 2018, Ch. 37, Sec. 40. (AB 1817) Effective June 27, 2018.)

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California Health and Safety Code

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