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Cal. Gov. Code § 62502

General Provisions

Known as the Regional Housing Finance Act

The act spans §§ 62500–62592 (45 sections).

Added by Stats. 2024, Ch. 767, Sec. 1

For purposes of this title:

(a) “Affordable housing” means housing that is subject to an affordability restriction or equity sharing agreement with a public entity that reserves units for persons and families of low or moderate income, as defined in Section 50093 of the Health and Safety Code.

(b) “Authority” means a regional housing finance authority established pursuant to Section 62505.

(c) “Board” means the governing board of a regional housing finance authority.

(d) “Local government” means a city, county, or special district, including a school district or community college district.

(e) “Underlying land use jurisdiction” means any of the authority’s representative cities or counties.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.