California Health and Safety Code

§ 33334.25

HSC § 33334.25 Effective Jan 1, 2012Div. 24 · Part 1 · Ch. 4 · Art. 4

Statute text

(a)The Legislature finds and declares all of the following:

(1)The transfer of funds to a joint powers authority and the use of pooled funds within the housing market area of the participating agencies for the purpose of providing affordable housing are of benefit to the project area producing the tax increment.

(2)The cost and availability of land, geophysical and environmental limitations, community patterns, and the lack of financing make the availability of affordable housing more difficult in some communities.

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Legislative history

Amended by Stats. 2011, Ch. 296, Sec. 161. (AB 1023) Effective January 1, 2012.