Code Section

Health and Safety Code - HSC

DIVISION 31. HOUSING AND HOME FINANCE [50000 - 54913]

  ( Division 31 repealed and added by Stats. 1977, Ch. 610. )
  

PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT [50400 - 50899.8]

  ( Heading of Part 2 amended by Stats. 1981, Ch. 996. )
  

CHAPTER 3. Assistance Activities of the Department [50500 - 50514.5]
  ( Chapter 3 added by Stats. 1977, Ch. 610. )

  
50504.  

The department may make grants to nonprofit housing sponsors and local public entities for operating, administrative, and other expenses of planning, constructing, rehabilitating, and operating assisted housing and may make grants to housing sponsors for the benefit of residents of assisted housing in order to achieve lower rentals for some or all of the units within the assisted housing. Such grants may not be made with moneys derived from the sale of bonds.

(Added by Stats. 1977, Ch. 610.)