CHAPTER 1. Organization
Chapter 1 added by Stats. 1977, Ch. 610.
§§ 50900–50916 · 18 sections
- § 50900 (a) The California Housing Finance Agency is hereby continued in existence in the California Housing and Homelessness Agency. The agency constitutes a public…
- § 50901 (a) The agency shall be administered by a board of directors consisting of 13 voting members, including a chairperson selected by the Governor from among the…
- § 50902 (a) Appointed members of the board shall be able persons broadly reflective of the economic, cultural, and social diversity of the state, including ethnic…
- § 50903 All members of the board appointed by the Governor shall be confirmed by the Senate.
- § 50904 The representation of varied interest groups on the board shall be deemed essential to obtain information for the development of policy and decisions of the…
- § 50905 (a) An officer or employee of the agency shall not be employed by, hold any paid official relation to, or have any financial interest in, any housing sponsor…
- § 50906 Board members shall be removable solely for cause.
- § 50907 The Governor shall appoint a chairperson from among members of the board, who, when present, shall preside at meetings of the board. The term of the…
- § 50908 The Governor shall, subject to confirmation by the Senate, appoint an executive director of the agency, who shall, subject solely to supervision by the board,…
- § 50909 (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief…
- § 50910 The executive director may from time to time employ technical experts and other employees as may, in his or her judgment, be necessary for the conduct of the…
- § 50911 (a) Notwithstanding Sections 11042 and 11043 of the Government Code, the executive director may employ as general counsel for the agency an attorney at law…
- § 50912 There shall be within the agency a director of financing appointed by the Governor and serving at the pleasure of the executive director of the agency. The…
- § 50912.5 There shall be within the agency a director of enterprise risk management and compliance appointed by the Governor and serving at the pleasure of the executive…
- § 50913 (a) For its activities under this division, the executive director shall prepare a preliminary budget on or before December 1 of each year for the ensuing…
- § 50914 (a) The board shall authorize any sale of obligations or securities or other debt obligations and shall approve other major contractual agreements. Any other…
- § 50915 The principal offices of the agency shall be located in the City of Sacramento.
- § 50916 All meetings of the board and of all committees of the board including those committees whose membership constitutes less than a quorum of the board shall be…