reglab/housing_qa huggingface dataset:
CA Health & Safety Code § 50893.3 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 2 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT|CHAPTER 15 - Family Housing Demonstration Program|ARTICLE 4 - Program Operations|Section 50893.3.

50893.3.  (a)  The cost of development of any common portions of the development shall be allocated to the fund in the same ratio as the ratio between assisted and nonassisted units in the community housing development. (b)  Not more than 50 percent of the cost of the child care center and related play area shall be paid for from the account, notwithstanding the ratio between assisted and nonassisted units. However, if the department finds that sufficient funding is not available to pay for the remainder of the cost, the department may pay for the balance needed from the account. (c)  The department shall develop an inflation index reflecting the annual anticipated changes in rental housing development operating costs from a base year. The inflation index shall be used by the sponsor to adjust the initial rent of each unit occupied by an eligible household to determine the annual rent. Any sponsor may appeal to the department for a greater adjustment in rents necessary to ensure the fiscal integrity of the rental housing development. If the department does not respond within 60 days, the request shall be deemed approved. A 30-day written notice shall be given to each eligible household prior to an adjustment in the amount of rent. (d)  The department annually may approve a reduction in the number of assisted units to less than the number agreed upon, or less than 30 percent, only if the department determines that it is necessary to maintain the fiscal integrity of the development. If the number of units occupied by eligible households in the community housing development ever falls below the number agreed to by the department and sponsor, then the next units which become available for occupancy shall be made available on a priority basis to eligible households, as required, until the number of units so occupied equals at least the number specified in the agreement. (Amended by Stats. 1990, Ch. 1311, Sec. 12. Effective September 25, 1990.)
CA Health & Safety Code § 50894 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 2 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT|CHAPTER 15 - Family Housing Demonstration Program|ARTICLE 4 - Program Operations|Section 50894.

50894.  (a)  Where loans will be used in conjunction with federal and other state housing assistance or tax credits, and a conflict exists between the other state and federal program requirements and this chapter, the requirements of this chapter may be waived only to the extent necessary to permit the federal or other state financial participation or eligibility for tax credits. Where a conflict exists between any state or federal law or regulation regarding nondiscrimination and this chapter, the requirements of this chapter may be waived only to the extent necessary to bring this chapter in compliance with the law or regulation regarding nondiscrimination.(Amended by Stats. 1991, Ch. 100, Sec. 10. Effective July 1, 1991.)
CA Health & Safety Code § 50895 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 2 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT|CHAPTER 15 - Family Housing Demonstration Program|ARTICLE 4 - Program Operations|Section 50895.

50895.  No rule, policy, or standard of general application employed by the department in implementing this chapter shall be subject to the requirements of Chapter 3.5 (commencing with Section 11340) of Part 1 of Title 2 of the Government Code.(Repealed (by Sec. 33) and added by Stats. 1999, Ch. 67, Sec. 34. Effective July 6, 1999. Operative July 6, 1999, pursuant to Sec. 45 of Ch. 67.)
CA Health & Safety Code § 51100 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 1 - Loans for Housing Developments|Section 51100.

51100.  Subject to the limitations prescribed by Article 4 (commencing with Section 51175), the agency may make, or undertake commitments to make, development loans, construction loans, property improvement loans, mortgage loans, and advances in anticipation of such loans to housing sponsors to finance housing developments and residential structures.The agency shall not issue more than two hundred million dollars ($200,000,000) of its authorized revenue bond authority in aggregate principal amount of bonds in any one calendar year to finance, directly or indirectly, construction loans for which the agency is not providing a mortgage loan, exclusive of bonds issued to refund or renew bonds of the agency previously issued for those purposes. (Amended by Stats. 1981, Ch. 1031.)
CA Health & Safety Code § 51101 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 1 - Loans for Housing Developments|Section 51101.

51101.  The agency may make and publish rules and regulations respecting the making of development loans, construction loans, property improvement loans, and mortgage loans pursuant to this part, the terms and conditions upon which such loans may be made to housing sponsors, the admission of tenants to a housing development, the inclusion of nonhousing facilities in housing developments, the construction of nonhousing facilities, and supervision of housing sponsors, including housing sponsors owning and occupying a housing development.(Amended by Stats. 2008, Ch. 281, Sec. 4. Effective September 25, 2008.)
CA Health & Safety Code § 51102 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 1 - Loans for Housing Developments|Section 51102.

51102.  The agency shall enter into regulatory contracts and other agreements with housing sponsors receiving loans under the provisions of this part.(Added by Stats. 1977, Ch. 610.)
CA Health & Safety Code § 51103 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 1 - Loans for Housing Developments|Section 51103.

51103.  Prior to the commitment of moneys under this part for a mortgage loan on a housing development as provided in Article 1 (commencing with Section 51100), Article 2 (commencing with Section 51125), Article 3 (commencing with Section 51150), and Article 4 (commencing with Section 51175), the agency shall take adequate measures to assure (a) the economic feasibility of the housing development, (b) the financial eligibility of the housing sponsors and tenants, (c) the consistency of the proposed housing developement with the current housing objectives of the agency, (d) the sufficiency of access of the housing development to supporting social services, public mass transit services and other transportation, schools, employment, and retail merchants, and (e) that the location of the proposed housing development is consistent with the agency’s policies of dispersing housing developments throughout communities and of avoiding undue concentration of lower income households. Wherever possible, the agency shall verify these facts before financing is committed.In providing for dispersal of housing developments, the agency shall consider economic feasibility, which shall be determined in light of all relevant factors, including the assistance programs and funds which could be utilized to reduce costs. Nothing in this section shall prohibit the agency from financing housing developments in neighborhood preservation areas in a manner that would otherwise be in conflict with the agency’s policies respecting dispersal of housing developments or concentration of lower income households, where necessary to accomplish the purposes for which financing or loan insurance is made available by the agency in the area.(Added by Stats. 1987, Ch. 1034, Sec. 34.)
CA Health & Safety Code § 51104 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 1 - Loans for Housing Developments|Section 51104.

51104.  Notwithstanding any other provisions of this part, only the following types of housing developments and residential structures are eligible for mortgage loans made with the proceeds of bonds:(a)  Housing developments and residential structures financed with bonds of the agency guaranteed by the federal government. (b)  Housing developments and residential structures financed with bonds of the agency that are guaranteed, or the time payment of principal and interest of which is insured, by an agency of the state or by a private insuring entity authorized to engage in that business. (c)  Housing developments and residential structures, the mortgage loans on which presently are or are expected to be guaranteed, insured, or coinsured by the federal government. (d)  Housing developments and residential structures, the bonds or mortgage loans on which are presently, or are expected to be, insured or guaranteed in whole or in part by an agency of the state, including the California Housing Finance Agency, a political subdivision of the state, or by a private insuring entity authorized to engage in that business, or by any combination thereof, in percentages determined by the agency. (e)  Housing developments and residential structures financed by a loan made by the agency to a qualified mortgage lender, if both of the following conditions are met: (1)  The loan to the qualified mortgage lender is a general obligation of the mortgage lender. (2)  The qualified mortgage lender is a member of, or a subsidiary of a member of, the Federal Deposit Insurance Corporation or of the Federal Savings and Loan Insurance Corporation. (f)  Housing developments and residential structures financed by tax-exempt bonds for which a bond reserve fund is created which complies with the terms and conditions of the agreement or agreements with agency bondholders. (Added by renumbering Section 51351 by Stats. 1987, Ch. 1034, Sec. 43.)
CA Health & Safety Code § 51125 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 2 - Loans Through Intermediary Lenders and Mortgage Purchase and Sale|Section 51125.

51125.  The agency may invest in, purchase, or make commitments to purchase, and take assignments from qualified mortgage lenders of, construction loans, mortgage loans, property improvement loans, obligations secured by construction loans, mortgage loans, property improvement loans and participations therein for financing or refinancing of housing developments and residential structures.The agency may also invest in, purchase, or make commitments to purchase, and take assignments from qualified mortgage lenders of, loans for rehabilitation or home improvements not secured by a mortgage but wholly or partially insured by an agency or instrumentality of the United States, or participation in such loans.Such construction loans, mortgage loans, property improvement loans, obligations secured by construction loans, property improvement loans or mortgage loans, rehabilitation and home improvement loans, or participations therein may be held or sold by the agency, or the agency may create pools of such loans, obligations, and participations held by the agency and may sell securities backed by such pools.(Amended by Stats. 1981, Ch. 1031.)
CA Health & Safety Code § 51126 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 2 - Loans Through Intermediary Lenders and Mortgage Purchase and Sale|Section 51126.

51126.  The agency may invest in, purchase, or make commitments to purchase any residential mortgage or any obligation secured by a residential mortgage or participation therein, and sell such obligations, residential mortgages, or participations or create pools of such obligations, residential mortgages, or participations held by the agency and issue and sell securities backed by such pools. The agency shall require the seller of such obligations, residential mortgages, or participations purchased by the agency to use the proceeds for the purpose of financing housing developments and residential structures.(Amended by Stats. 1981, Ch. 1031.)
CA Health & Safety Code § 51127 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 2 - Loans Through Intermediary Lenders and Mortgage Purchase and Sale|Section 51127.

51127.  The agency may insure or guarantee any obligation held by the agency and secured by a mortage on a housing development or residential structure for the purpose of increasing its acceptability or value for sale or as security for other obligations. The agency may also insure or guarantee any loan, or participation in a loan, for rehabilitation or home improvement which is insured by an agency or instrumentality of the United States and which is held by the agency. Nothing in this section shall, however, be construed as authorizing the creation of a debt or liability of the state within the meaning of Section 1 of Article XVI of the State Constitution.(Amended by Stats. 1987, Ch. 1034, Sec. 35.)
CA Health & Safety Code § 51128 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 2 - Loans Through Intermediary Lenders and Mortgage Purchase and Sale|Section 51128.

51128.  Sales of mortgage obligations and securities pursuant to this article may be made at public or private sale, with or without public bidding, whether directly or through a contract with a private marketing intermediary.(Added by Stats. 1977, Ch. 610.)
CA Health & Safety Code § 51150 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 3 - Loans to Qualified Mortgage Lenders|Section 51150.

51150.  The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the purpose of making construction loans and mortgage loans for the purpose of financing housing developments and residential structures.(Amended by Stats. 1981, Ch. 1031.)
CA Health & Safety Code § 51151 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 3 - Loans to Qualified Mortgage Lenders|Section 51151.

51151.  Mortgage loans shall not be made under this article unless the agency determines that type of loan can be made at a lower cost to a housing sponsor than is available for the same type of loan made under the provisions of Article 1 (commencing with Section 51100), Article 2 (commencing with Section 51125) or Article 4 (commencing with Section 51175) of this chapter.(Added by Stats. 1977, Ch. 610.)
CA Health & Safety Code § 51152 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 3 - Loans to Qualified Mortgage Lenders|Section 51152.

51152.  Loans shall not be made by the agency to a qualified mortgage lender under this article, except pursuant to an agreement between the agency and the qualified mortgage lender. The agreements shall include the following:(a)  A maximum interest rate that can be charged for construction loans or mortgage loans. (b)  A specification of the requirements of loans authorized by this part. (c)  Standards for mortgage servicing and foreclosure practices, including programs of forbearance and recasting for mortgages in default. (Amended by Stats. 1987, Ch. 1034, Sec. 36.)
CA Health & Safety Code § 51153 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 3 - Loans to Qualified Mortgage Lenders|Section 51153.

51153.  In connection with loans made pursuant to this article, the agency may collect, enforce the collection of, and foreclose on any collateral securing the loans and may acquire or take possession of such collateral and sell the same at public or private sale, with or without public bidding, and otherwise deal with such collateral as may be necessary to protect the interest of the agency therein. The exercise of the powers specified in this subdivision shall be subject to any agreements with bondholders.With respect to deposit of moneys in the fund pursuant to this section, the agency may require that any collateral provided on account thereof be lodged with a financial institution or trust company located in the state designated by the agency as custodian therefor. In the absence of such requirement the financial institution shall, if collateral is to be provided for the loan or securities purchased, upon receipt of the proceeds from the agency, enter into an agreement with the agency containing such provisions as the agency shall deem necessary to adequately identify and maintain such collateral and service the same and shall provide that such financial institution shall hold such collateral as an agent for the agency and shall be held accountable as the trustee of an express trust for the application and disposition thereof and the income therefrom solely to the uses and purposes in accordance with the provisions of such agreement. A copy of each such agreement and any revisions or supplements thereto shall be filed with the Secretary of State and no further filing or other action under the California Uniform Commercial Code or any other law of the state shall be required to perfect the security interest of the agency in such collateral or any additions thereto or substitutions therefor, and the lien and trust for the benefit of the agency so created shall be binding from and after the time made against all parties having claims of any kind in tort, contract, or otherwise against such financial institution.(Added by Stats. 1977, Ch. 610.)
CA Health & Safety Code § 51175 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 4 - Lender of Last Resort|Section 51175.

51175.  Except as provided in this article, the agency shall not make construction loans or first mortgage loans for the purpose of financing owner-occupied residential structures unless those loans are made through a qualified mortgage lender.(Amended by Stats. 2013, Ch. 82, Sec. 4. (AB 984) Effective August 12, 2013.)
CA Health & Safety Code § 51176 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 4 - Lender of Last Resort|Section 51176.

51176.  In rural mortgage areas the agency may make and undertake commitments to make construction loans and mortgage loans to finance owner-occupied residential structures without the participation of a qualified mortgage lender if no qualified mortgage lender will participate in financing such residential structures as provided in Article 2 (commencing with Section 51125) or Article 3 (commencing with Section 51150) of this chapter, or if the board determines that the agency can initiate or service loans directly at less cost than through use of a qualified mortgage lender.(Amended by Stats. 1981, Ch. 1031.)
CA Health & Safety Code § 51177 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 4 - Lender of Last Resort|Section 51177.

51177.  The agency may make and undertake commitments to make construction loans and mortgage loans to finance residential structures without the participation of a qualified mortgage lender where the income of the owner-occupant is no greater than 65 percent of the median income for the area in which the residential structure is located as determined by the United States Department of Housing and Urban Development or by the agency’s reference to current data of the U.S. Census Bureau. The income at 65 percent of median shall be based on a family of four with adjustments above and below such maximum to compensate for family size.(Amended by Stats. 1982, Ch. 1452, Sec. 13. Effective September 27, 1982. Operative January 1, 1983, by Sec. 16 of Ch. 1452.)
CA Health & Safety Code § 51180 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 4.5 - Subordinated Mortgage Loans|Section 51180.

51180.  As used in this article:(a)  “Subordinated loan” means a deferred payment mortgage loan, which is a second trust deed used in connection with other financing from the agency for the purpose of making the development of housing feasible where it would not be feasible without such loan. No loan shall be made pursuant to this article unless it is secured by a second trust deed. (b)  “Local agency” means a city, county, city and county, redevelopment agency, or housing authority. (Added by Stats. 1982, Ch. 1448, Sec. 1.)
CA Health & Safety Code § 51181 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 4.5 - Subordinated Mortgage Loans|Section 51181.

51181.  The agency shall accept applications from housing sponsors for subordinated loans for rental housing developments upon which construction commences on or after January 1, 1983. Not less than 20 percent of the units in the rental housing development shall be made available on a priority basis to lower income households, as defined in Section 50079.5.(Added by Stats. 1982, Ch. 1448, Sec. 1.)
CA Health & Safety Code § 51182 (2021)
2021 California Code|Health and Safety Code - HSC|DIVISION 31 - HOUSING AND HOME FINANCE|PART 3 - CALIFORNIA HOUSING FINANCE AGENCY|CHAPTER 5 - Financing of Housing Developments and Residential Structures|ARTICLE 4.5 - Subordinated Mortgage Loans|Section 51182.

51182.  The agency shall determine the manner in which subordinated loans are to be repaid. Potential methods of repayment may include, but not be limited to:(a)  An interest payment of 3 percent to be made from the positive cash flows of the project before payment to any other equity investor or mortgage loan holder is made. (b)  Repayment upon conversion or the term of the bond, whichever is less, to the state, including an interest payment of 3 percent. (Added by Stats. 1982, Ch. 1448, Sec. 1.)