PART 13. RESIDENTIAL REHABILITATION [37910. - 37964.]

Part 13 added by Stats. 1973, Ch. 1201.

§§ 37910–37964 · 42 sections

1. CHAPTER 1. General Provisions and Definitions §§ 37910–37913 · 5 sections

   • § 37910 This part shall be known and may be cited as the Marks-Foran Residential Rehabilitation Act of 1973.
   • § 37911 The Legislature hereby finds and declares that it is necessary and essential that cities, counties, and cities and counties, and redevelopment agencies and…
   • § 37912 Unless the context otherwise requires, the following definitions shall govern the construction of this part: (a) “Bonds” means any bonds, notes, interim…
   • § 37912.5 Unless the context otherwise requires, “systematic enforcement,” as used in this part, means the enforcement of rehabilitation standards in accordance with a…
   • § 37913 Local agencies operating rehabilitation programs pursuant to this part shall submit a report to the California Debt Advisory Commission pursuant to the…
2. CHAPTER 2. Powers and Procedures §§ 37915–37925 · 16 sections

   • § 37915 A local agency may determine the location and character of any residential rehabilitation to be financed under the provisions of this part and may lend…
   • § 37915.5 In developing criteria for selection of residential rehabilitation areas pursuant to subdivision (a) of Section 37922, the local agency shall analyze the need…
   • § 37916 The local agency may issue bonds and bond anticipation notes of the local agency for the purpose of financing residential rehabilitation authorized by this…
   • § 37917 The local agency may fix fees, charges, and interest rates for financing residential rehabilitation and may from time to time revise such fees, charges, and…
   • § 37918 The local agency may employ engineering, architectural, accounting, collection, or other services, including services in connection with the servicing of loans…
   • § 37919 In addition to all other powers specifically granted by this part, the local agency may do all things necessary or convenient to carry out the purposes of this…
   • § 37920 Revenues and the proceeds of mortgage insurance or guarantee claims, if any, shall be the sole source of funds pledged by the local agency for repayment of its…
   • § 37921 All residential rehabilitation shall be constructed or completed subject to the rules and regulations of the local agency. A local agency may acquire by deed,…
   • § 37922 Prior to the issuance of any bonds or bond anticipation notes of the local agency for residential rehabilitation, the local agency shall by ordinance or…
   • § 37922.1 (a) A comprehensive residential rehabilitation financing program may authorize residential rehabilitation outside residential rehabilitation areas of…
   • § 37922.2 If anticipated rent increases or other increases in housing costs will result in dislocation of residential rehabilitation area residents or will result in…
   • § 37922.5 (a) A local agency, in order to prevent precipitous increases in rent which the loans would engender as to residential rental property, may require, as a…
   • § 37923 (a) The local agency shall require that any residence that is rehabilitated, constructed, or acquired with financing obtained under this part shall be open,…
   • § 37924 The authority of this part may be used to issue bonds for the purpose of financing residential rehabilitation in areas which were designated for concentrated…
   • § 37924.5 The local agency may include, in the comprehensive residential rehabilitation financing program adopted by ordinance or resolution pursuant to Section 37922,…
   • § 37925 Any action challenging the legality of a comprehensive residential rehabilitation financing program, the selection of a residential rehabilitation area, the…
3. CHAPTER 3. Bonds and Notes §§ 37930–37940 · 13 sections

   • § 37930 (a) A local agency may, from time to time, issue its negotiable bonds or notes for the purpose of financing residential rehabilitation, including the…
   • § 37930.5 In determining the amount of bonds to be issued, the local agency may include all costs of the issuance of such revenue bonds, bond reserve funds, and bond…
   • § 37931 The bonds may be issued as serial bonds or as term bonds, or the local agency, in its discretion, may issue bonds of both types. The bonds shall be authorized…
   • § 37932 Any resolution or resolutions authorizing any bonds or any issue of bonds may contain provisions respecting any of the following terms and conditions, which…
   • § 37933 Neither the members of the governing board of the local agency nor any person executing the bonds or notes shall be liable personally on the bonds or notes or…
   • § 37934 The local agency shall have the power out of any funds available therefor to purchase its bonds or notes. The local agency may hold, pledge, cancel, or resell…
   • § 37935 In the discretion of the local agency, any bonds issued under the provisions of this part may be secured by a trust agreement by and between the local agency…
   • § 37936 Any holder of bonds issued under the provisions of this part or any of the coupons appertaining thereto, and the trustee or trustees appointed pursuant to any…
   • § 37937 Bonds issued under the provisions of this part shall not be deemed to constitute a debt or liability of the local agency or a pledge of the faith and credit of…
   • § 37938 (a) The local agency may provide for the issuance of the bonds of the local agency for the purpose of refunding any bonds of the local agency then outstanding…
   • § 37938.5 When not immediately required to provide financing under this chapter, revenues and the proceeds of bonds may be invested in any securities or obligations…
   • § 37939 Notwithstanding any other provisions of law, bonds issued pursuant to this part shall be legal investments for all trust funds, the funds of insurance…
   • § 37940 The exercise of the powers granted by this part shall be in all respects for the benefit of the people of this state and for their health and welfare. Any…
4. CHAPTER 4. Rehabilitation Loans §§ 37950–37952 · 3 sections

   • § 37950 The local agency may provide financing to any participating party for the purpose of residential rehabilitation authorized pursuant to a comprehensive…
   • § 37951 The local agency may enter into loan agreements with any participating party relating to residential rehabilitation of any kind or character. The terms and…
   • § 37952 All moneys received pursuant to the provisions of this part, whether proceeds from the sale of bonds or revenues or proceeds of mortgage insurance or guarantee…
5. CHAPTER 5. Construction and Effect §§ 37960–37964 · 5 sections

   • § 37960 This part being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purposes.
   • § 37961 If the jurisdiction of the legislative body to order the proposed act is not affected, an omission of any officer or the local agency in proceedings under this…
   • § 37962 This part is full authority for the issuance of bonds by a local agency for the purpose of financing residential rehabilitation.
   • § 37963 This part shall be deemed to provide a complete, additional, and alternative method for doing the things authorized thereby, and shall be regarded as…
   • § 37964 An action may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure to determine the validity of…