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Cal. Health and Safety Code § 52076

Cal. Health and Safety Code § 52076

California · California Health and Safety Code · Status: effective · Effective 2002-03-11

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Cal. Health and Safety Code § 52076, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/870080
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Subject to the limitations prescribed in this chapter, a city or county may make, or undertake commitments to make, construction loans and mortgage loans to housing sponsors to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing. For this purpose, the city or county shall enter into regulatory contracts and other agreements with housing sponsors receiving loans under this chapter to assure all requirements of this chapter are satisfied.