California Health and Safety Code

§ 129280

HSC § 129280 Effective Oct 19, 2010Div. 107 · Part 6 · Ch. 1 · Art. 7

Statute text

The State of California has a compelling interest in the development of facilities for community-based programs that assist persons with a developmental disability living in an institutional setting to transition to more independent living arrangements. In order to meet this significant community need, it is further the intent of the Legislature to encourage programs to seek funding for facility development from private sources and with the assistance provided pursuant to this chapter. To achieve this purpose in determining eligibility for loan insurance pursuant to this chapter, the following special provisions apply to facilities developed pursuant to Section 4688.5 of the Welfare and Institutions Code and meeting the intentions of this article:

(a)For purposes of this article, the following definitions shall apply:

(1)“Borrower” shall mean a political subdivision or nonprofit corporation approved by the regional center as an ownership entity that owns the project property.

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Legislative history

Amended by Stats. 2010, Ch. 730, Sec. 3. (AB 1629) Effective October 19, 2010.