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  ( Division 31 repealed and added by Stats. 1977, Ch. 610.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

  
52006.  

The Legislature finds and declares that the authority to issue revenue bonds to aid in the financing of home purchase is needed in the cities and the counties of the state and that it is in the public interest and serves a public purpose by providing financing for decent, safe, and sanitary housing that people in the lower end of the purchasing spectrum can afford and is a function pertaining to the government and affairs of the cities and the counties of the state.

(Added by Stats. 1979, Ch. 1069.)