{"code":"HSC","codeName":"Health and Safety Code","section":"50957","citation":"Health & Saf. Code, § 50957","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 3. CALIFORNIA HOUSING FINANCE AGENCY [50900. - 51532.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-3"},{"name":"CHAPTER 2. Purposes and General Provisions [50950. - 50962.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-3/chapter-2"}],"history":"Added by Stats. 1977, Ch. 610.","effective":null,"html":"<p>No development or construction loan shall be made pursuant to this part if the agency determines that the making of such a loan would result in the permanent loss of a subsidy or a reduction in future subsidies due to the failure of the agency to use currently available subsidies.</p>","text":"No development or construction loan shall be made pursuant to this part if the agency determines that the making of such a loan would result in the permanent loss of a subsidy or a reduction in future subsidies due to the failure of the agency to use currently available subsidies.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/purposes-and-general-provisions-50957","source":"California Legislative Information bulk export (pubinfo)"}