{"code":"HSC","codeName":"Health and Safety Code","section":"50672","citation":"Health & Saf. Code, § 50672","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","url":"https://blackletter.si/health-and-safety-code/division-31"},{"name":"PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT [50400. - 50899.7.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-2"},{"name":"CHAPTER 6.6. Loans and Grants to Qualified Rental Housing Developments [50672. - 50672.3.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-2/chapter-6.6"}],"history":"Amended by Stats. 2022, Ch. 70, Sec. 14.   (SB 197)   Effective June 30, 2022.","effective":"2022-06-30","html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/loans-and-grants-to-qualified-rental-housing-developments-50672","source":"California Legislative Information bulk export (pubinfo)"}