CHAPTER 6.7. Multifamily Rental Housing

Chapter 6.7 added by Stats. 1982, Ch. 155, Sec. 5.

§§ 51325–51340 · 9 sections

1. ARTICLE 1. General Provisions § 51325 · 1 section

   • § 51325 The primary purpose of this chapter is to meet the multifamily rental housing needs of persons and families of low or moderate income. The exercise of the…
2. ARTICLE 2. Financing §§ 51330–51336 · 7 sections

   • § 51330 Subject only to the limitations of this chapter, the agency may, in addition to any other power conferred by this part, issue revenue bonds as provided in…
   • § 51331 Subject only to the limitations prescribed in this chapter, the agency, in addition to any other power conferred by this part with respect to multifamily…
   • § 51332 Subject only to the limitations prescribed in this chapter, the agency, in addition to any other power conferred by this part, may purchase, or undertake,…
   • § 51333 For the purposes of this chapter, the agency shall have the power to issue its bonds to defray, in whole or in part, the costs of studies and surveys,…
   • § 51334 The agency may, in conjunction with the financing of multifamily rental housing pursuant to this chapter, finance the development of commercial property for…
   • § 51335 (a) (1) Not less than 20 percent of the total number of units in a multifamily rental housing development financed, or for which financing has been extended or…
   • § 51336 For purposes of this article, “housing sponsor” means a person as defined in Section 50074.
3. ARTICLE 3. State Assistance § 51340 · 1 section

   • § 51340 This chapter constitutes an alternative method to finance construction loans and mortgage loans for multifamily rental housing pursuant to the provisions of…