CHAPTER 3. Expenditures [62590. - 62592.]

Chapter 3 added by Stats. 2024, Ch. 767, Sec. 1.

§§ 62590–62592 · 4 sections

• § 62590 (a) Revenue generated pursuant to this part shall be used for any of the following purposes: (1) The development of affordable home ownership and rental…
• § 62590.1 (a) Notwithstanding any other provision of this title, an authority board may make a finding that market rate rents or housing costs are unaffordable to…
• § 62591 The authority shall monitor expenditures in coordination with local jurisdictions. The authority board may adopt guidelines applicable to such funds as deemed…
• § 62592 To ensure oversight and accountability, an authority shall prepare and submit an annual report to the Legislature, in conformance with Sections 9795 and 53411,…