CHAPTER 1. General Provisions

Chapter 1 added by Stats. 1982, Ch. 320, Sec. 12.

§§ 52500–52506 · 7 sections

• § 52500 This part shall be known and may be cited as the Cal-First Home Buyers Act.
• § 52501 This part shall be administered by the California Housing Finance Agency and all of the provisions of Part 3 (commencing with Section 50900) which are not…
• § 52502 The First-Time Home Buyers Policy Committee is hereby created within the agency for the purpose of exercising those powers and responsibilities of the agency…
• § 52503 The policy committee is comprised of five voting members, including a chairperson. The members shall be: (a) The State Treasurer, or his or her designee, who…
• § 52504 The First-Time Home Buyers Fund is hereby created in the State Treasury. All money in the fund is hereby continuously appropriated to the agency for carrying…
• § 52505 In addition to the purposes of the agency provided in Sections 50154 and 50950, a purpose and role of the agency is to make financing opportunities available…
• § 52506 The agency shall have the power to adopt, and from time to time to amend and repeal, by action of the policy committee, rules and regulations, not inconsistent…