California Health and Safety Code

§ 50675.7

HSC § 50675.7 Effective Jan 1, 2021Div. 31 · Part 2 · Ch. 6.7

Statute text

Loans shall be provided using a project selection process established by the department that meets all of the following requirements:

(a)To the extent feasible, this process shall be coordinated with the processes of other major housing funding sources, including that of the California Tax Credit Allocation Committee, and shall ensure a reasonable geographic distribution of funds.

(b)The process shall require that applications for projects meet minimum threshold requirements, including, but not limited to, all of the following:

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Legislative history

Repealed (in Sec. 5) and added by Stats. 2020, Ch. 192, Sec. 6. (AB 434) Effective January 1, 2021. Section operative January 1, 2022, by its own provisions.