reglab/housing_qa huggingface dataset:
CA Govt Code § 62252 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62252.

62252.  (a) An authority created pursuant to this division shall, by resolution, create a Low and Moderate Income Housing Fund and adopt an affordable housing investment plan that may include either or both of the following:(1) A provision for the receipt of property tax increment generated within the area.(2) A provision for the receipt of any tax revenues allocated to the authority pursuant to subdivision (b) of Section 62253.(b) The plan shall include each of the following elements:(1) A statement of the principal goals and objectives of the plan.(2) An affordable housing program that describes how the authority will fulfill its objective and if duties and activities will be assigned to a city or county housing department or public housing authority.(3) The estimated amount that will be deposited in the Low and Moderate Income Housing Fund during each of the next five years.(4) Estimates of the number of new, rehabilitated, or price restricted residential units to be assisted during each of the five years and estimates of the expenditures of moneys from the Low and Moderate Income Housing Fund during each of the five years.(5) A description of how the program will implement the requirements for expenditures of funds in the Low and Moderate Income Housing Fund over a 10-year period at various income levels.(6) Estimates of the number of units, if any, to be developed by the authority for very low, low-, and moderate-income households during the next five years.(7) A fiscal analysis setting forth the projected receipt of revenue and projected expenses over a five-year planning horizon, including the potential issuance of bonds backed by property tax increment revenues pursuant to subdivision (a) of Section 62253 during the term of the plan.(8) Time limits as follows:(A) Forty-five years for the establishing of loans, advances, and indebtedness.(B) Forty-five years for repayment of all of the authority’s debts and obligations, and fulfilling all of the authority’s housing obligations. The plan shall specify that an authority shall dissolve as a legal entity in no more than 45 years, and that no further taxes shall be allocated to the authority thereafter. Nothing in this subparagraph shall be interpreted to prohibit an authority from refinancing outstanding debt solely to reduce interest costs.(9) A feasible method or plan for relocation of families and persons to be temporarily or permanently displaced from housing facilities in the plan area. The method or plan shall be consistent with the requirements of Section 62256.(c) The authority shall hold a public hearing before adopting an affordable housing investment plan. The authority shall provide notice of that hearing in accordance with Section 6062. The authority shall consider any comments made on the plan at that hearing before adopting the plan.(Amended by Stats. 2018, Ch. 862, Sec. 3. (AB 2035) Effective January 1, 2019.)
CA Govt Code § 62255 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62255.

62255.  Commencing in the calendar year in which the authority has allocated a cumulative total of more than one million dollars ($1,000,000) in property tax increment revenues pursuant to subdivision (a) of Section 62253 or other revenues pursuant to subdivision (b) of Section 62253, including any proceeds of a debt issuance, and each year thereafter, the authority shall contract for an independent audit conducted in accordance with generally accepted governmental auditing standards.(Amended by Stats. 2018, Ch. 862, Sec. 6. (AB 2035) Effective January 1, 2019.)
CA Govt Code § 62257 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62257.

62257.  An authority shall receive a priority for assistance in housing programs administered by the Department of Housing and Community Development, and other state agencies and departments.(Added by Stats. 2017, Ch. 764, Sec. 1. (AB 1598) Effective January 1, 2018.)
CA Govt Code § 62258 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62258.

62258.  An authority may transfer its housing responsibilities to a housing authority or city or county housing department if it determines that combining funding streams will reduce administrative costs or expedites the construction of affordable housing.(Added by Stats. 2017, Ch. 764, Sec. 1. (AB 1598) Effective January 1, 2018.)
CA Govt Code § 62259 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62259.

62259.  (a) All housing assisted by an authority created pursuant to this division shall remain affordable for at least 55 years for rental units and 45 years for owner-occupied units.(b) The authority shall execute an enforceable and verifiable agreement with a public agency, a recorded deed restriction, or other legal document that restricts the project’s usage and that provides that the units designated for use by lower income households are continuously available to or occupied by lower income households at rents that do not exceed those prescribed by Section 50053 of the Health and Safety Code, or, to the extent that the terms of federal, state, or local financing or financial assistance conflicts with Section 50053 of the Health and Safety Code, rents that do not exceed those prescribed by the terms of the financing or financial assistance.(Added by Stats. 2017, Ch. 764, Sec. 1. (AB 1598) Effective January 1, 2018.)
CA Govt Code § 62260 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62260.

62260.  Within the area of the authority, an authority may:(a) Purchase, lease, obtain an option upon, acquire by gift, grant, bequest, devise, or otherwise, any real or personal property, any interest in property, and any improvements on it, including repurchase of developed property previously owned by the authority. The authority shall obtain an appraisal from a qualified independent appraiser to determine the fair market value of property before the authority acquires or purchases real property.(b) Accept, at the request of the legislative body of the community, a conveyance of real property, located either within or outside the plan area, owned by a public entity and declared surplus by the public entity, or owned by a private entity. The authority may dispose of that property to private persons or to public or private entities, by sale or long-term lease for development. All or any part of the funds derived from the sale or lease of that property may, at the discretion of the legislative body of the community, be paid to the community, or to the public entity from which any of that property was acquired.(c) Sell, lease, grant, or donate real property owned or acquired by the authority in a plan area to a housing authority or to any public agency for public housing projects.(d) Offer for resale property acquired by an authority for rehabilitation and resale within one year after completion of rehabilitation. Properties held by the authority in excess of a one-year period shall be listed in the authority’s annual report with information conveying the reasons that property remains unsold and indicating plans for its disposition. (Added by Stats. 2017, Ch. 764, Sec. 1. (AB 1598) Effective January 1, 2018.)
CA Govt Code § 62261 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62261.

62261.  (a) The authority shall retain controls and establish restrictions or covenants running with land sold or leased for private use for those periods of time and under those conditions as are provided in the plan. The establishment of those controls is a public purpose under this division.(b) An authority shall obligate lessees or purchasers of property acquired in an affordable housing project to:(1) Use the property for the purpose designated in the affordable housing plan.(2) Begin the project within a period of time which the authority fixes as reasonable.(3) Comply with the covenants, conditions, or restrictions that the authority deems necessary to prevent speculation or excess profittaking in undeveloped land, including right of reverter to the authority. Covenants, conditions, and restrictions imposed by an authority may provide for the reasonable protection of lenders.(4) Comply with other conditions that the authority deems necessary to carry out the purposes of this division. (Added by Stats. 2017, Ch. 764, Sec. 1. (AB 1598) Effective January 1, 2018.)
CA Govt Code § 62261.1 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62261.1.

62261.1.  Any action or proceeding to attack, review, set aside, void, or annul the creation of an authority, the adoption of an affordable housing plan pursuant to Section 62252, the allocation of tax revenues to an authority pursuant to Section 62253, or the issuance of bonds by an authority shall be commenced within 30 days after the enactment of the resolution authorizing the action. Consistent with the time limitations of this section, an action or proceeding with respect to an allocation of tax revenues to, or the issuance of bonds by, an authority shall be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil procedure. An authority that receives an allocation of tax revenues pursuant to 62253 or that issues bonds, warrants, contracts, obligations, or other evidences of indebtedness may bring an action in the superior court of the county in which the authority is located to determine the validity of the bonds, warrants, contracts, obligations, or evidences of indebtedness pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure.(Added by Stats. 2018, Ch. 862, Sec. 7. (AB 2035) Effective January 1, 2019.)
CA Govt Code § 62262 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62262.

62262.  An authority created pursuant to this division shall be a local public agency subject to the Ralph M. Brown Act (Chapter 9 (commencing with Section 54950) of Part 1 of Division 2 of Title 5), the California Public Records Act (Chapter 3.5 (commencing with Section 6250) of Division 7 of Title 1), and the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)). (Added by Stats. 2017, Ch. 764, Sec. 1. (AB 1598) Effective January 1, 2018. Superseded on January 1, 2023; see amendment by Stats. 2021, Ch. 615.)
CA Govt Code § 62262 (2021)
2021 California Code|Government Code - GOV|TITLE 6 - DISTRICTS|DIVISION 5 - Affordable Housing Authorities|Section 62262.

62262.  An authority created pursuant to this division shall be a local public agency subject to the Ralph M. Brown Act (Chapter 9 (commencing with Section 54950) of Part 1 of Division 2 of Title 5), the California Public Records Act (Division 10 (commencing with Section 7920.000) of Title 1), and the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)).(Amended by Stats. 2021, Ch. 615, Sec. 211. (AB 474) Effective January 1, 2022. Operative January 1, 2023, pursuant to Sec. 463 of Stats. 2021, Ch. 615.)
CA Govt Code § 64100 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64100.

64100.  This division shall be known and may be cited as the California Transportation Financing Authority Act.(Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.)
CA Govt Code § 64101 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64101.

64101.  The California Transportation Financing Authority is hereby created in state government. The authority constitutes a public instrumentality, and the exercise by the authority of the powers conferred by this division shall be deemed and held to be the performance of an essential public function.(Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.)
CA Govt Code § 64103 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64103.

64103.  (a) The authority shall consist of seven members, as follows:(1) The Treasurer, who shall serve as the chair of the authority.(2) The Director of Finance.(3) The Controller.(4) The Director of Transportation.(5) The executive director of the commission.(6) A local agency representative appointed by the Senate Committee on Rules.(7) A local agency representative appointed by the Speaker of the Assembly.(b) Members of the authority shall serve without compensation, but the authority may reimburse its members for necessary expenses incurred in the discharge of their duties.(c) The Director of Finance may designate an employee of the Department of Finance to act for him or her at all meetings of the authority.(d) The director of the department may designate an employee of the department to act for him or her at all meetings of the authority.(e) The executive director of the commission may designate an employee of the commission to act for him or her at all meetings of the authority.(f) The chair of the authority shall appoint an executive director. The offices of the authority shall be located in the office of the Treasurer. The authority may, by resolution, delegate to one or more of its members or its executive director or any employee of the authority such powers and duties that it may deem proper, including, but not limited to, the power to enter into contracts on behalf of the authority.(g) Four members of the authority shall constitute a quorum. The affirmative vote of a majority of the members present at a duly constituted meeting of the authority shall be necessary for any action taken by the authority. Additionally, the authority may not take any action unless a quorum is present at the time of the vote.(Amended by Stats. 2010, Ch. 478, Sec. 4. (AB 2777) Effective January 1, 2011.)
CA Govt Code § 64104 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64104.

64104.  The provisions of this division shall be administered by the authority, which shall have and is hereby vested with all powers reasonably necessary to carry out the powers and responsibilities expressly granted or imposed under this division.(Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.)
CA Govt Code § 64105 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64105.

64105.  The objective of the authority shall be to increase the construction of new capacity or improvements for the state transportation system in a manner that is consistent with and will help meet the state’s greenhouse gas reduction goals, air quality improvement goals, and natural resource conservation goals, through the issuance of, or the approval of the issuance of, bonds backed, in whole or in part, by the revenue streams specified in Section 64109.(Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.)
CA Govt Code § 64106 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64106.

64106.  (a) The Attorney General shall be the legal counsel for the authority, however, with the approval of the Attorney General, the authority may employ legal counsel as in its judgment is necessary or advisable to carry out the duties and functions imposed upon it by this division, including the employment of bond counsel as may be deemed advisable in connection with the issuance and sale of bonds.(b) The Treasurer shall be the treasurer for the authority.(Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.)
CA Govt Code § 64107 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64107.

64107.  The authority may do any of the following:(a) Adopt bylaws for the regulation of its affairs and the conduct of its business.(b) Adopt an official seal.(c) Sue and be sued in its own name.(d) Receive and accept from any agency of the United States, any agency of the state, or any municipality, county, or other political subdivision thereof, or from any individual, association, or corporation gifts, grants, or donations of moneys for achieving any of the purposes of this division.(e) Engage the services of private consultants to render professional and technical assistance and advice in carrying out the purposes of this division.(f) Receive and accept from any source loans, contributions, or grants for, or in aid of, the construction, financing, or refinancing of a project or any portion of a project in money, property, labor, or other things of value.(g) Make secured or unsecured loans to, or purchase secured or unsecured loans of, any project sponsor in connection with the financing of a project or working capital in accordance with an agreement between the authority and the project sponsor. However, no loan to finance a project shall exceed the total cost of the project, as determined by the project sponsor and approved by the authority.(h) Make secured or unsecured loans to, or purchase secured or unsecured loans of, any project sponsor in accordance with an agreement between the authority and the project sponsor to refinance indebtedness incurred by that project sponsor for the costs of projects undertaken or for projects acquired or for working capital.(i) Mortgage all or any portion of the interest of the authority in a project and the property on which that project is located, whether owned or thereafter acquired, including the granting of a security interest in any property, tangible or intangible, and to assign or pledge all or any portion of the interests of the authority in mortgages, deeds of trust, indentures of mortgage or trust, or similar instruments, notes, and security interests in property, tangible or intangible, of projects for which the authority has made loans, and the revenues therefrom, including payments or income from any thereof owned or held by the authority, for the benefit of the holders of bonds issued to finance or refinance a project or issued to refund or refinance outstanding indebtedness of project sponsors as permitted by this division.(j) Charge and equitably apportion among project sponsors, the administrative costs and expenses incurred by the authority in the exercise of its powers and duties conferred by this division.(k) Participate in all things necessary and convenient to carry out its purposes and exercise its powers.(Amended by Stats. 2013, Ch. 198, Sec. 2. (AB 1070) Effective January 1, 2014.)
CA Govt Code § 64107.5 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64107.5.

64107.5.  The authority or issuer may do any of the following:(a) Obtain, or aid in obtaining, from any department or agency of the United States or of the state, any private company, any insurance or guarantee as to, of, or for the payment or repayment of, interest or principal, or both, or any part thereof, on any bond, loan, lease, or obligation, or any instrument evidencing or securing the loan, lease, or obligation, made or entered into pursuant to this division; and notwithstanding any other provisions of this division, to enter into any agreement, contract, or any other instrument whatsoever with respect to that insurance or guarantee, to accept payment in the manner and form as provided therein in the event of default by a project sponsor, and to assign that insurance or guarantee as security for the issuer’s bonds.(b) Enter into any and all agreements or contracts, including agreements for liquidity and credit enhancement and interest rate swaps or hedges, execute any and all instruments, and do and perform any and all acts or things necessary, convenient, or desirable for the purposes of the issuer or to carry out any power expressly granted by this division.(c) Invest any moneys held in reserve or sinking funds or any moneys not required for immediate use or disbursement, at the discretion of the issuer, in any obligations authorized by the resolution authorizing the issuance of the bonds secured thereof or authorized by law for the investment of trust funds in the custody of the Treasurer.(d) Employ and fix the compensation of bond counsel, financial consultants, and advisers as may be necessary in its judgment in connection with the issuance and administration of any bonds and contract for engineering, architectural, accounting, or other services as may be necessary in the judgment of the issuer for the successful development of any project.(Added by Stats. 2013, Ch. 198, Sec. 3. (AB 1070) Effective January 1, 2014.)
CA Govt Code § 64108 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY|Section 64108.

64108.  All expenses of the authority incurred in carrying out the provisions of this division shall be payable solely from funds provided pursuant to this division, and no liability shall be incurred by the authority beyond the extent to which moneys shall have been provided under this division, except that for the purposes of meeting the necessary expenses of initial organization and operation of the authority for the period commencing January 1, 2010, and continuing until the date the authority derives money from funds provided to it under the provisions of this division, the authority may borrow moneys as the authority may require. Any moneys borrowed by the authority shall subsequently be charged to and apportioned among project sponsors in an equitable manner and the moneys repaid with appropriate interest over a reasonable period of time. Under no circumstances shall the authority create any debt, liability, or obligation on the part of the State of California payable from any source whatsoever other than the moneys provided under the provisions of this division.(Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.)