CHAPTER 3.9. Portfolio Restructuring

Chapter 3.9 added by Stats. 2012, Ch. 780, Sec. 3.

§§ 50560–50565 · 6 sections

• § 50560 (a) Subject to the requirements of this chapter, the department may approve an extension of a department loan, the reinstatement of a qualifying unpaid matured…
• § 50561 (a) The department may approve an extension of an existing rental housing development loan or regulatory agreement, if the extension facilitates the…
• § 50562 (a) If a department loan is extended, subordinated, or paid off before the end of its term, the department approves the reinstatement of a qualifying unpaid…
• § 50563 (a) Sections 50560 and 50562 shall apply to the restructuring of loans for group homes, except as modified in this section. (b) The department may approve an…
• § 50564 (a) Notwithstanding any other law, the department may approve the extension of a loan to an owner who occupies his or her housing unit funded by the department…
• § 50565 (a) For purposes of this chapter, “qualifying unpaid matured loan” shall mean either of the following: (1) A loan made pursuant to the programs listed in…