CHAPTER 2. Powers and Procedures [37915. - 37925.]
Chapter 2 added by Stats. 1973, Ch. 1201.
§§ 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…