California Health and Safety Code

§ 51601

HSC § 51601 Effective Jul 15, 1993Div. 31 · Part 4 · Ch. 1

Statute text

It is the intent of the Legislature in enacting this part to establish programs of bond and loan insurance for the following purposes:

(a)To encourage homeownership opportunities for low- and moderate-income rental households and to encourage multifamily residential construction and rehabilitation, all of which will revitalize the state’s economy and provide security for these households.

(b)To encourage and facilitate the preservation of existing housing and improve housing opportunities by reducing the risk factor for all of the following:

…

Legislative history

Repealed and added by Stats. 1993, Ch. 115, Sec. 4. Effective July 15, 1993.