BlackletterCalifornia law

CHAPTER 2.5. Building Homes and Jobs Act

Chapter 2.5 added by Stats. 2017, Ch. 364, Sec. 4.

§§ 50470–50475 · 5 sections

  1. ARTICLE 1. General Provisions §§ 50470–50472 · 4 sections
    • § 50470 (a) (1) There is hereby created in the State Treasury the Building Homes and Jobs Trust Fund. All interest or other increments resulting from the investment of…
    • § 50470.5 For purposes of this chapter: (a) “Department” means the Department of Housing and Community Development. (b) “Local government” means any city, county, city…
    • § 50471 The department and the California Housing Finance Agency shall report on the expenditure of funds pursuant to this chapter in accordance with Sections 50408…
    • § 50472 The department shall allocate the funds described in subparagraph (B) of paragraph (1) of subdivision (b) of Section 50470 as follows: (a) Five million dollars…
  2. ARTICLE 2. Audits and Reporting § 50475 · 1 section
    • § 50475 (a) The Office of State Audits and Evaluation may conduct periodic audits to ensure that the annual allocation to individual programs is awarded by the…