California Government Code

§ 62590

GOV § 62590 Effective Jan 1, 2025Title 6.5 · Part 2 · Ch. 3

Statute text

(a)Revenue generated pursuant to this part shall be used for any of the following purposes:

(1)The development of affordable home ownership and rental housing, including programs that enable persons and families of low or moderate income to become or remain homeowners.

(2)Affordable housing preservation.

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Legislative history

Added by Stats. 2024, Ch. 767, Sec. 1. (SB 440) Effective January 1, 2025.