CHAPTER 11. Mobilehome Park Purchase Fund [50780. - 50787.]
Chapter 11 added by Stats. 1984, Ch. 1692, Sec. 2.
§§ 50780–50787 · 11 sections
- § 50780 (a) The Legislature finds and declares as follows: (1) That manufactured housing and mobilehome parks provide a significant source of homeownership for…
- § 50781 Unless the context otherwise requires, the following definitions given in this section shall control construction of this chapter: (a) “Affordable” means that,…
- § 50782 (a) The Mobilehome Park Rehabilitation and Purchase Fund is hereby created in the State Treasury and, notwithstanding Section 13340 of the Government Code or…
- § 50783 (a) (1) The department may make loans from the fund to resident organizations, qualified nonprofit housing sponsors, and local public entities for the purpose…
- § 50784 (a) The department may make loans from the fund to individual low-income residents of mobilehome parks to finance any individual interest in the mobilehome…
- § 50784.5 (a) The department may make loans from the fund to a qualified nonprofit housing sponsor or a local public entity pursuant to subdivision (a) of Section 50783,…
- § 50784.6 (a) The department may make loans from the fund to a qualified nonprofit housing sponsor, resident organization, or a local public entity for the acquisition…
- § 50785 (a) In determining the eligibility for and amount of loans pursuant to this chapter, the department shall take into consideration, among other factors, all of…
- § 50786 (a) The department may adopt, amend, or repeal guidelines for the administration and implementation of this chapter, in consultation with stakeholders. Any…
- § 50786.5 Notwithstanding any other provision of this chapter, where a city, county, or other local governmental entity has acquired a mobilehome park for the purpose of…
- § 50787 (a) In addition to the other uses of the fund and activities authorized by this chapter, the department may contract directly with nonprofit corporations that…