California Government Code

§ 15820.202

GOV § 15820.202 Effective Jul 2, 2024Div. 3 · Title 2 · Part 10b · Ch. 3.15

Statute text

(a)(1) The board of governors, a participating college, and the board may acquire, design, construct and equip a student housing project, and acquire the site or sites upon which a student housing project is located.

(2)In order for a student housing project to be eligible for financing under this chapter, the ownership interest of a participating college in the site or sites leased with respect to the financing shall be determined by the board to be adequate for purposes of its financing.

(3)The board may either approve the student housing project as the property to be leased with respect to the financing or may require a participating college to lease other property of the participating college pursuant to Section 15820.203 for purposes of financing the student housing project.

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Legislative history

Added by Stats. 2024, Ch. 71, Sec. 11. (SB 155) Effective July 2, 2024.