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Cal. Health & Safety Code § 51511

California Homebuyer’s Downpayment Assistance Program

Known as the Zenovich-Moscone-Chacon Housing and Home Finance Act

The act spans §§ 50000–54913 (995 sections).

Added by Stats. 2016, Ch. 32, Sec. 82

(a) This chapter, except for this section, shall not be operative on and after July 1, 2016.

(b) On and after July 1, 2016, any unobligated amounts remaining in any fund established for the purposes of this chapter, including the repayment of disbursed moneys, or any interest earned from the investment of those moneys or any other moneys accruing to the fund from any source, shall be transferred to the Home Purchase Assistance Fund and are continuously appropriated to the agency for the purposes described in Section 51342.

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