Health and Safety Code § 50672

CHAPTER 6.6. Loans and Grants to Qualified Rental Housing Developments

Current as of September 28, 2026Health & Saf. Code, § 50672Official source ↗Ask about this

Amended by Stats. 2022, Ch. 70, Sec. 14. (SB 197) Effective June 30, 2022.

It is the intent of the Legislature in enacting this chapter to expedite the construction and production of housing developments that have received a commitment of funds from multifamily housing direct loan programs administered by the department, but are unable to proceed due to the competitiveness of tax credit and bond allocations.