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Earlier editions: 2020-112018-112026-09

DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING 33000-37964›PART 1. COMMUNITY REDEVELOPMENT LAW 33000-33855›CHAPTER 7.5. Loans to Tax-Exempt Organizations 33740-33746

§ 33740

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

The Legislature hereby finds and declares that it would be beneficial to empower redevelopment agencies to issue tax-exempt revenue bonds for the purpose of lending the proceeds to nonprofit organizations exempt from federal income taxation pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (26 U.S.C. Sec. 501(c)(3)), for the housing purposes specified in Section 33741.

(Added by Stats. 1988, Ch. 1610, Sec. 2.)

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