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( Division 31 repealed and added by Stats. 1977, Ch. 610.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 6. Priorities [51225 - 51232]
( Article 6 added by Stats. 1977, Ch. 610. ) 51231.
The agency shall assist housing sponsors in obtaining subsidies. In selecting housing to be given assistance under this division, the agency shall give priority to those which are able to obtain subsidies but cannot obtain alternative financing in order to utilize such subsidies. The agency shall make every effort to obtain subsidy funds and nothing in this division shall preclude the agency from meeting the eligibility requirements for obtaining federal housing subsidy allocations.
(Added by Stats. 1977, Ch. 610.)