California Civil Code

§ 1917.010

CIV § 1917.010Div. 3 · Title 4 · Part 4 · Ch. 4 · Art. 1

Statute text

The Legislature hereby finds and declares that:

(a)It is necessary and essential that the state provide and promote alternative means of supplying affordable housing to the citizens of the state.

(b)High interest rates have caused payment schedules for new long-term, fixed-rate and adjustable-rate mortgages to exceed affordable levels for the vast majority of the state’s households.

…

Legislative history

Repealed and added by Stats. 1982, Ch. 466, Sec. 11. Inoperative January 1, 1990, by Stats. 1982, Ch. 466, Sec. 11.5.