DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 3. CALIFORNIA HOUSING FINANCE AGENCY 50900-51532›CHAPTER 5. Financing of Housing Developments and Residential Structures 51100-51252›ARTICLE 6. Priorities 51225-51232
§ 51227
California Health and Safety Code · 2026-09 edition · updated 2026-10-03 · California
At the close of each fiscal year the agency shall ascertain that not less than 25 percent of the total units financed by mortgage loans during the preceding 12 months pursuant to this part were made available to very low-income households. At the close of each fiscal year the agency shall ascertain that not less than 25 percent of all units financed pursuant to this part by mortgage loans are occupied or available to very low-income households.
(Amended by Stats. 1992, Ch. 711, Sec. 82. Effective September 15, 1992.)
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