CHAPTER 6. CalHome Program

Chapter 6 added by Stats. 2000, Ch. 84, Sec. 2.

§§ 50650–50650.8 · 10 sections

• § 50650 The Legislature finds and declares as follows: (a) An adequate supply of safe and affordable housing is the foundation for strong and sustainable communities.…
• § 50650.1 This chapter shall be known and may be cited as the CalHome Program.
• § 50650.2 The department shall administer this chapter.
• § 50650.3 (a) Funds appropriated for purposes of this chapter shall be used to enable low- and very low income households to become or remain homeowners as provided in…
• § 50650.35 (a) In allocating grants to local public agencies or nonprofit corporations for new construction of home ownership units, the department shall consider setting…
• § 50650.4 (a) To be eligible to receive a grant or loan, local public agencies or nonprofit corporations shall demonstrate sufficient organizational stability and…
• § 50650.5 For the purposes of this chapter, all of the following shall apply: (a) Mutual housing, community land trusts, and limited equity cooperative housing shall be…
• § 50650.6 The department may use up to 5 percent of the funds appropriated for the purposes of this chapter for its costs in administering the program.
• § 50650.7 For appropriations of fifteen million dollars ($15,000,000) or less, the department may administer the funds using guidelines that shall not be subject to the…
• § 50650.8 (a) For purposes of this chapter, the term “local public agencies” or “local government agencies” includes, but is not limited to, the duly constituted…