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  ( Division 31 repealed and added by Stats. 1977, Ch. 610.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 3. CALIFORNIA HOUSING FINANCE AGENCY [50900 - 51532]

  ( Heading of Part 3 amended (as amended by Stats. 1994, Ch. 94) by Stats. 2000, Ch. 471, Sec. 17.5. )
  

CHAPTER 5. Financing of Housing Developments and Residential Structures [51100 - 51252]

  ( Heading of Chapter 5 amended by Stats. 2000, Ch. 471, Sec. 21. )
  

ARTICLE 3. Loans to Qualified Mortgage Lenders [51150 - 51153]
  ( Article 3 added by Stats. 1977, Ch. 610. )

  
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.)