Amended by Stats. 1985, Ch. 1001, Sec. 4. Effective September 26, 1985.
There is hereby established, within the Division of Community Affairs of the department, a California Self-Help Housing Program.
California Health and Safety Code — §§ 50693-50698
Amended by Stats. 1985, Ch. 1001, Sec. 4. Effective September 26, 1985.
There is hereby established, within the Division of Community Affairs of the department, a California Self-Help Housing Program.
Amended by Stats. 1985, Ch. 1001, Sec. 5. Effective September 26, 1985.
The California Self-Help Housing Program shall do all of the following:
self-help rehabilitators.
Amended by Stats. 1985, Ch. 1001, Sec. 6. Effective September 26, 1985.
The California Self-Help Housing Program shall provide potential and actual owner-builders and self-help rehabilitators all of the following information and technical assistance:
Amended by Stats. 1985, Ch. 1001, Sec. 7. Effective September 26, 1985.
Program may contract with public entities and private nonprofit corporations to provide assistance to persons and families of low or moderate income who are owner-builders or self-help rehabilitators, as defined in subdivisions (a) and (c) of Section 50692. These contracts shall provide grant funds for any of the following activities:
reducing principal, or deferring all or a portion of the payments until the housing is sold or refinanced.
50052.5, the department may establish a standard for monthly housing costs that does not exceed 30 percent of the gross monthly income of persons eligible for assistance pursuant to subdivision (b) of Section 50696.
Amended by Stats. 1985, Ch. 1001, Sec. 8. Effective September 26, 1985.
general provisions of this chapter.
interest on the mortgage subsidy. The guidelines shall also provide that, if the market value at the time of resale to either an eligible or ineligible household is less than the total of outstanding mortgages, liens, and the value of the self-help equity, the amount due in repayment of the mortgage subsidy shall be reduced by the difference between that total and the market value.
Amended by Stats. 1996, Ch. 201, Sec. 20. Effective July 22, 1996.
Investment Fund. The department may require the transfer of moneys in the fund to the Surplus Money Investment Fund for investment pursuant to Article 4 (commencing with Section 16470) of Chapter 3 of Part 2 of Division 4 of Title 2 of the Government Code. Notwithstanding Section 16305.7 of the Government Code, all interest, dividends, and pecuniary gains from the investments shall accrue to the fund.
Self-Help Housing Program for the purposes of subdivision (b) of Section 50696 from any other source or sources.
Added by Stats. 1978, Ch. 1354.
The director’s last annual report to the Governor and the Legislature prior to January 1, 1982, shall include recommendations for improvement, continuation, or termination of the California Housing Advisory Service.