DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT 50400-50899.7›CHAPTER 6.6. Loans and Grants to Qualified Rental Housing Developments 50672-50672.3
§ 50672
California Health and Safety Code · 2026-09 edition · updated 2026-10-03 · California
It is the intent of the Legislature in enacting this chapter to expedite the construction and production of housing developments that have received a commitment of funds from multifamily housing direct loan programs administered by the department, but are unable to proceed due to the competitiveness of tax credit and bond allocations.
(Amended by Stats. 2022, Ch. 70, Sec. 14. (SB 197) Effective June 30, 2022.)
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