An agency may finance the cost of premiums necessary for the provision of insurance during the construction or rehabilitation of properties that are administered by governmental entities or nonprofit organizations to provide housing for lower income households, as defined in Section 50079.5, including rental properties, emergency shelters, transitional housing, or special residential care facilities.
Cal. Health & Safety Code § 33136
Nature, Jurisdiction, and General Powers of Agencies
Known as the Community Redevelopment Law
The act spans §§ 33000–33855 (601 sections).
Added by Stats. 1988, Ch. 1564, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.