Cal. Code Regs. tit. 25 § 7800

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 7800 - Scope and Application

(a) These regulations implement and interpret the Rental Housing Construction Program, Sections 50735 through 50770, inclusive, of the Health and Safety Code. They establish procedures for the disbursement of development and subsidy funds and establish policies and procedures for use of these disbursements to provide affordable housing under the Program. They also delegate authority for the initial recommendation of approval, rejection, amendment, and termination of loans or grants, with the exception of emergency loans and loans and grants to the Agency, from the Director of the Department of Housing and Community Development to the Committee referred to in this subchapter.

(b) The program is divided into three main components, designated as

(1) the sponsor development component,

(2) the rights of occupancy component, and

(3) the housing authority component, each of which is financed by the development payments account. In addition, these are complemented by the annuity fund, the management reserve account, and the feasibility account.

(c) Developments financed by the Agency shall be subject to the requirements of Articles 1, 2, and 6. All other developments shall be subject to the requirements of Articles 1 through 5, inclusive.

Cal. Code Regs. Tit. 25, § 7800

1. New Subchapter 10 (Articles 1-6 (Sections 7800-7892, not consecutive)) filed 7-11-80; effective thirtieth day thereafter (Register 80, No. 28).
2. Amendment of subsection (a) filed 11-13-80 as an emergency; effective upon filing (Register 80, No. 46). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 3-13-81.
3. Certificate of Compliance transmitted to OAL 3-13-81 and filed 4-14-81 (Register 81, No. 16).

Note: Authority cited: Section 50737, Health and Safety Code. Reference: Section 50737, Health and Safety Code.