DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 5. LOCAL HOUSING FINANCE AGENCIES 52000-52106›CHAPTER 7. Multifamily Rental Housing 52075-52098›ARTICLE 1. Financing 52075-52087
§ 52076
California Health and Safety Code · 2026-09 edition · updated 2026-10-03 · California
Subject to the limitations prescribed in this chapter, a city or county may make, or undertake commitments to make, construction loans and mortgage loans to housing sponsors to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing. For this purpose, the city or county shall enter into regulatory contracts and other agreements with housing sponsors receiving loans under this chapter to assure all requirements of this chapter are satisfied.
(Added by Stats. 2002, Ch. 12, Sec. 1. Effective March 11, 2002.)
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