BlackletterCalifornia law

Health and Safety Code § 51181

ARTICLE 4.5. Subordinated Mortgage Loans

Current as of September 28, 2026Health & Saf. Code, § 51181Official source ↗

Added by Stats. 1982, Ch. 1448, Sec. 1.

The agency shall accept applications from housing sponsors for subordinated loans for rental housing developments upon which construction commences on or after January 1, 1983. Not less than 20 percent of the units in the rental housing development shall be made available on a priority basis to lower income households, as defined in Section 50079.5.