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DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 3. CALIFORNIA HOUSING FINANCE AGENCY 50900-51532›CHAPTER 10. Multifamily Housing 51475-51484

§ 51481

California Health and Safety Code · 2026-09 edition · updated 2026-10-03 · California

Mortgages made by the agency under authority of this chapter shall be secured by a first deed of trust, or by a deed of trust junior to a first deed of trust if it is necessary to accomplish the purposes of this chapter. Except as otherwise specified in this chapter, the principal amount of, and the conditions of mortgage loans, shall be determined by the board.

(Added by Stats. 1990, Ch. 577, Sec. 1. Effective September 5, 1990.)

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