ARTICLE 5. Supervision of Housing Sponsors

Article 5 added by Stats. 1977, Ch. 610.

§§ 51200–51207 · 8 sections

• § 51200 With respect to housing developments financed by a mortgage loan from the agency, the agency shall: (a) Prescribe uniform systems of accounts and records for…
• § 51201 The agency may do any of the following with respect to housing sponsors of rental and cooperative housing financed pursuant to this part. (a) Through its…
• § 51202 Every housing sponsor of a rental or cooperative housing development which receives a construction loan or mortgage loan or a grant pursuant to this part shall…
• § 51203 Upon making a determination that the financial status of a rental or cooperative housing development is such as to jeopardize any economic interest of the…
• § 51204 The agency may prescribe regulations specifying the categories of cost which shall be allowable in the construction or rehabilitation of a housing development.…
• § 51205 (a) The agency may institute any action or proceeding pursuant to applicable provisions of law against any housing sponsor receiving or assuming a loan under…
• § 51206 Whenever a housing sponsor of a rental or cooperative housing development accumulates an earned surplus greater than such operating and replacement reserves as…
• § 51207 A person or family of low or moderate income shall not receive financial assistance under this part if such person or family has already received assistance…