Health and Safety Code - HSC
DIVISION 31. HOUSING AND HOME FINANCE [50000 - 54913]
( Division 31 repealed and added by Stats. 1977, Ch. 610. ) PART 5. LOCAL HOUSING FINANCE AGENCIES [52000 - 52106]
( Part 5 added by Stats. 1979, Ch. 1069. ) CHAPTER 1. Legislative Findings and Declarations [52000 - 52009]
( Chapter 1 added by Stats. 1979, Ch. 1069. ) 52002.
The Legislature finds and declares that it is necessary and essential that counties and cities be authorized to directly or indirectly make long-term, low-interest loans to persons not presently eligible for financing through private sector lending institutions to finance construction, rehabilitation, and acquisition of homes in order to encourage investment and upgrade local areas.
(Added by Stats. 1979, Ch. 1069.)