Title HSC, California Health & Safety Code

The mortgage loan by a qualified mortgage lender for which a buy-down contract may be executed by the agency shall be in such form as determined by the regulations of the agency adopted by the policy committee. Such a loan shall be for a term of not less than six years or more th…

The terms of the contract with a qualified mortgage lender for the buy-down mortgage plan shall be established by regulations of the agency adopted by the policy committee. Payments to a qualified mortgage lender under such contract shall not exceed the capitalized cost to the le…

(a) If: (1) a loan executed pursuant to Section 52512 is for a term of less than 30 years or provides for a balloon payment; (2) the loan has not been prepaid in full or the property has not been sold or transferred prior to the maturity of the loan; and (3) the borrower is not i…

In consideration for the agency’s contract, and performance of contract, to purchase a buy-down of the effective interest to the borrower on the mortgage loan, the agency shall obtain a note and deed of trust from the borrower under terms prescribed by regulations of the agency a…

All payments to the agency by the borrower on any note executed pursuant to Section 52514 shall be considered payments of interest for the purposes of Section 17230 of the Revenue and Taxation Code. (Amended by Stats. 1999, Ch. 987, Sec. 1. Effective October 10, 1999.)

The real property to be purchased by the borrower on a mortgage loan pursuant to this part shall be an owner-occupied housing unit, the acquisition price of which does not exceed 90 percent of the average purchase price in the statistical area, except that such acquisition cost s…

The agency shall establish by regulation, adopted by the policy committee, standards for the eligibility of purchasers of housing subject to this part. Such individuals shall be first-time home buyers. Mortgages pursuant to this part cannot be used to acquire or replace an existi…

Notwithstanding any other provisions of this part, only mortgage loans are eligible for buy-down under the provisions of this part which are presently, or are expected to be, insured in whole or part by the Federal Housing Administration or guaranteed in whole or part by the Unit…

Notwithstanding the provisions of Section 711 of the Civil Code, the agency shall not permit the assumption of the obligation under any note or mortgage securing the interest of the agency pursuant to Section 52514, by a subsequent ineligible purchaser or transferee of the prior …

The agency may renegotiate, refinance, foreclose, or contract for the foreclosure of any mortgage executed pursuant to Section 52514 which is in default, and may waive any default or consent to the modification of the terms of any mortgage. With respect to mortgage loans made pur…

The following definitions shall govern the construction and interpretation of this part: (a) “Corporation” means a corporation formed pursuant to Section 52550. (b) “Low-income housing” means housing available at affordable rent to lower income households, as defined in Section 5…

Unless the context otherwise requires and so stipulates, the definitions provided in this chapter shall govern construction of this part. (Added by Stats. 1981, Ch. 1033.)

“Corporation” means the Solar and Energy Conservation Mortgage Corporation, also known as “Sunny Mac,” created by this part. (Added by Stats. 1981, Ch. 1033.)

“Energy conservation measure” means any one or more of the following: (a) A device, system, or design that utilizes solar energy or wind power for water heating, space heating or cooling, or the generation of electricity. (b) Ceiling, attic, wall, or floor insulation. (c) Storm w…

“Financial institution” means any commercial bank, trust company, savings and loan association, credit union, insurance company, industrial loan company, mortgage banker, or California business and industrial development company, in this state. (Added by Stats. 1981, Ch. 1033.)

“Financing” means to lend money for the purpose of purchasing, leasing, installing, or constructing energy conservation measures. (Added by Stats. 1981, Ch. 1033.)

“Holder-in-due course,” means the purchaser of a loan or loans from a financial institution that participates in, arranges, or finances a loan pursuant to the provisions of this part, and who takes the loan instrument: (a) For value; (b) In good faith; and (c) Without notice that…

“Structural improvements” means alterations or additions to a designated building intended to enhance energy conservation and efficiency of building space utilization. (Added by Stats. 1981, Ch. 1033.)

The proceeds of bonds issued and sold pursuant to this part shall be deposited in the Roberti Affordable Housing Fund, which is hereby created. Moneys in the fund shall be allocated and utilized in accordance with Part 8 (commencing with Section 53130). (Amended by Stats. 1990, C…

The proceeds of bonds issued and sold pursuant to this part shall be deposited in the Home Building and Rehabilitation Fund. Moneys in the fund shall be allocated and utilized in accordance with Part 8 (commencing with Section 53130), as added by Senate Bill 1692 of the 1987–88 R…

The proceeds of bonds issued and sold pursuant to this part shall be deposited in the Housing and Emergency Shelter Trust Fund, which is hereby created. Money in the fund shall be allocated and utilized in accordance with Chapter 4 (commencing with Section 53533). (Added by Stats…

The Housing and Emergency Shelter Trust Fund of 2006 is hereby created in the State Treasury. The Legislature intends that the proceeds of bonds deposited in the fund shall be used to fund the housing-related programs described in this chapter over the course of the next decade. …

(a) (1) For purposes of the Infill Incentive Grant Program of 2007 established pursuant to Section 53545.13, in the City and County of Los Angeles, where the federal Department of Housing and Urban Development has granted an authority, as defined in Section 34203, a waiver effect…

For the purposes of the grant program established in Section 53545.13, the following definitions apply: (a) “Capital improvement project” means the construction, rehabilitation, demolition, relocation, preservation, acquisition, or other physical improvement of a capital asset, a…

(a) The Infill Incentive Grant Program of 2007 is hereby established to be administered by the department. (b) Upon appropriation of funds by the Legislature for the purpose of implementing paragraph (1) of subdivision (b) of Section 53545, the department shall establish and admi…

(a) Upon appropriation of funds by the Legislature for purposes of implementing paragraph (2) of subdivision (b) of Section 53545, the Capital Programs and Climate Financing Authority, in consultation with the Department of Housing and Community Development, shall administer loan…

(a) Notwithstanding any other law, funds appropriated for deposit into the Transit-Oriented Development Implementation Fund by Item 2240-101-9736 of the Budget Act of 2007, as reappropriated by Item 2240-492 of the Budget Act of 2010; Item 2240-101-9736 of the Budget Act of 2008,…

Of the one hundred million dollars ($100,000,000) transferred to the Affordable Housing Innovation Fund established in the State Treasury under subparagraph (F) of paragraph (1) of subdivision (a) of Section 53545, the following amounts shall be allocated as follows: (a) The depa…

The Affordable Housing Bond Act Trust Fund of 2018 is hereby created within the State Treasury. It is the intent of the Legislature that the proceeds of bonds (exclusive of refunding bonds issued pursuant to Section 54026) be deposited in the fund and used to fund the housing-rel…

(a) (1) Notwithstanding any other provision of this part, the Department of Housing and Community Development may provide technical assistance to eligible counties and eligible cities, or developers of affordable housing within eligible counties and eligible cities, to facilitate…

(a) The Legislature may, from time to time, amend any law related to programs to which funds are, or have been, allocated pursuant to this chapter for the purposes of improving the efficiency and effectiveness of those programs or to further the goals of those programs. (b) The L…

Programs funded with bond proceeds shall, when allocating financial support, give preference to projects that are “public works” for purposes of Chapter 1 (commencing with Section 1720) of Part 7 of Division 2 of the Labor Code and other projects on which all construction workers…

The primary purpose of the unit is to facilitate the development and construction of residential housing on local surplus land. In furtherance of this purpose, the unit may do any of the following: (a) Facilitate agreements between housing developers and local agencies that seek …

This part shall not relieve a local agency or a housing developer from complying with any disposal requirements or conditions applicable to disposal of government owned property, including any of the following: (a) Article 8 (commencing with Section 54220) of Chapter 5 of Part 1 …

The unit may adopt, and from time to time amend and repeal, rules or regulations, not inconsistent with this part, to carry into effect the powers and purposes of the unit and the conduct of its business. If the unit acts by rule or regulation, the rule or regulation shall be ado…

(a) (1) The unit shall, by December 31 of each year, submit an annual report, in accordance with Section 9795 of the Government Code, of its activities under this part for the preceding year to the Governor, the Secretary of California Housing and Homelessness, the Director of Ho…

There is hereby established the Housing Development and Finance Committee within the California Housing and Homelessness Agency. (Added by Stats. 2026, Ch. 68, Sec. 25. (AB 179) Effective July 13, 2026.)

(a) (1) The Governor may appoint an executive director of the committee who shall hold office at the pleasure of the Governor. (2) The executive director appointed pursuant to this section shall be exempt from civil service pursuant to Section 4 of Article VII of the California C…

(a) (1) The Governor may appoint a chief deputy director who shall hold office at the pleasure of the Governor. (2) A chief deputy appointed pursuant to this section shall be exempt from civil service pursuant to Section 4 of Article VII of the California Constitution. (b) (1) Up…

(a) Upon appropriation, specified multifamily affordable housing programs shall be administered by the committee and the committee shall have all authorities, duties, powers, purposes, and responsibilities related to the programs. (b) Upon appropriation as described in subdivisio…

In accordance with the policy direction and priorities set by the Secretary of California Housing and Homelessness, and consistent with statewide housing initiatives, regulatory frameworks, and funding strategies, the committee shall engage in ongoing coordination with the Depart…

For the purposes of this chapter, the committee has all of the following powers: (a) To sue and be sued in its own name. (b) To have an official seal and to alter it at its pleasure. (c) To make and execute contracts and all other instruments necessary or convenient for the exerc…

This chapter shall become operative on July 1, 2026. (Added by Stats. 2026, Ch. 68, Sec. 25. (AB 179) Effective July 13, 2026.)

(a) The Housing Development and Finance Committee may require an employee, prospective employee, volunteer, contractor, or subcontractor to undergo a fingerprint-based state and national criminal history background check. (b) The Housing Development and Finance Committee or the D…

(a) Any responsible party may request the office to designate a consolidated permit agency for a repair or maintenance project to administer the processing and issuance of a consolidated permit for the repair or maintenance project subject to this division. The office is not auth…

(a) Within 15 working days of the date that the consolidated permit agency is designated, the consolidated permit agency shall convene a meeting with the consolidated permit applicant for the repair or maintenance project and with the participating permit agencies. The meeting ag…