California Government Code

§ 63047.1

GOV § 63047.1 Effective Jan 1, 2022Div. 1 · Title 6.7 · Ch. 2 · Art. 5.5

Statute text

Any housing financed pursuant to this chapter shall meet all of the following conditions:

(a)Any tax-exempt revenue bonds issued by the bank under a state allocation of private activity bond volume cap pursuant to Section 63045 shall not finance any housing component of a public development facility.

(b)No funds from the Infrastructure State Revolving Fund Program shall be used to finance any housing component of a public development facility.

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Legislative history

Added by Stats. 2021, Ch. 356, Sec. 4. (AB 1297) Effective January 1, 2022.