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  ( Division 31 repealed and added by Stats. 1977, Ch. 610.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 10. Multifamily Housing [51475 - 51484]
  ( Chapter 10 added by Stats. 1990, Ch. 577, Sec. 1. )

  
51481.  

Mortgages made by the agency under authority of this chapter shall be secured by a first deed of trust, or by a deed of trust junior to a first deed of trust if it is necessary to accomplish the purposes of this chapter. Except as otherwise specified in this chapter, the principal amount of, and the conditions of mortgage loans, shall be determined by the board.

(Added by Stats. 1990, Ch. 577, Sec. 1. Effective September 5, 1990.)