Cal. Health & Saf. Code § 50957

Current through the 2023 Legislative Session.
Section 50957 - Loss of subsidy or reduction in future subsidies

No development or construction loan shall be made pursuant to this part if the agency determines that the making of such a loan would result in the permanent loss of a subsidy or a reduction in future subsidies due to the failure of the agency to use currently available subsidies.

Ca. Health and Saf. Code § 50957

Added by Stats. 1977, Ch. 610.