CHAPTER 3.7. The Jobs-Housing Balance Improvement Program

Chapter 3.7 added by Stats. 2000, Ch. 80, Sec. 2.

§§ 50540–50546 · 8 sections

• § 50540 This chapter shall be known and may be cited as the Jobs-Housing Balance Improvement Program.
• § 50541 The Legislature finds and declares all of the following: (a) Despite strong economic growth and record-level unemployment in most areas of the state,…
• § 50542 It is the intent of the Legislature in enacting this chapter: (a) To develop an incentive-based strategy to encourage the construction of housing in those…
• § 50542.1 (a) The Jobs-Housing Balance Improvement Account is hereby created as a special fund in the State Treasury. All money in the fund shall be available, upon…
• § 50543 (a) Five million dollars ($5,000,000) of the funds appropriated for purposes of this chapter in Item 2240-114-0001 of Section 2.00 of the Budget Act of 2000…
• § 50544 (a) One hundred million dollars ($100,000,000) of the funds transferred for purposes of this chapter in Item 2240-114-0001 of the Budget Act of 2000, any funds…
• § 50545 Five million dollars ($5,000,000) of the funds appropriated for the purposes of this chapter in Item 2240-114-0001 of the Budget Act of 2000 shall be…
• § 50546 (a) The administrative expenses of the department shall not exceed 3 percent of the amount available for the purposes of this chapter. (b) The department may…