CHAPTER 5. Preservation Interim Loan Programs

Chapter 5 added by Stats. 2002, Ch. 721, Sec. 1.

§§ 50600–50605 · 6 sections

• § 50600 The Legislature finds and declares all of the following: (a) The federal Housing and Urban Development Department subsidizes over 147,000 units of California’s…
• § 50601 (a) The Preservation Opportunity Fund is hereby created in the State Treasury. Notwithstanding Section 13340 of the Government Code, all money in the fund is…
• § 50602 The definitions contained in Chapter 2 (commencing with Section 50050) of Part 1 shall apply to this chapter, except as follows: (a) “Assisted housing…
• § 50603 (a) There is hereby created the Preservation Opportunity Program. (b) The department shall contract with the agency for the administration of this section, and…
• § 50604 (a) There is hereby created the Interim Repositioning Program, the purpose of which is to leverage private capital to increase the funding available to…
• § 50605 The department shall include in its last annual report submitted to the Legislature, pursuant to Section 50408, on or before December 31, 2005, all of the…