California Health and Safety Code

§ 50675.8

HSC § 50675.8 Effective Jan 1, 2000Div. 31 · Part 2 · Ch. 6.7

Statute text

(a)Prior to disbursement of any funds for loans to rental housing developments made pursuant to this chapter, the department shall enter into a regulatory agreement with the sponsor that provides for all of the following:

(1)Sets standards for tenant selection to ensure occupancy of assisted units by eligible households of very low and low income for the term of the agreement.

(2)Governs the terms of occupancy agreements.

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Legislative history

Added by Stats. 1999, Ch. 637, Sec. 2. Effective January 1, 2000.