Section 7910 - Certification of Program Participants(a) Before the Department enters into any contract with, or makes any payment to a governmental agency or a mortgage lender, the Department shall certify upon receipt of a proposal and application for assistance that such agency or lender is capable of fulfilling its responsibilities with respect to the Program and such contract or payment.(b) In determining the capability of a governmental agency under this section, the Department shall consider whether such agency is: (1) administratively responsible, as evidenced by the experience of such agency, or the administrative responsibility of staff or consultants employed or to be employed by such agency, in implementing housing rehabilitation, rental assistance, homeownership assistance or other related housing assistance programs; and(2) capable of proceeding promptly to carry out a program of assistance in accordance with this subchapter.(c) In determining the capability of a mortgage lender under this section, the Department shall consider:(1) whether such lender is able to, and has undertaken to, originate, process, close and service loans for the purchase or development (if appropriate) of property; and(2) whether such lender is: (A) an approved seller and servicer of conventional loans for the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation,(B) a mortgagee approved by the Federal Housing Administration or the United State Veterans Administration, or(C) a lender approved by the California Housing Finance Agency.(d) At the time a governmental agency applies to the Department for financial assistance under the Program for the benefit of a stock cooperative or nonprofit corporation, the Department shall certify that the corporation has the administrative and financial capability to develop, own or lease, and manage (when applicable) a mobilehome park in accordance with this subchapter. In making its certification the Department shall consider the following: (1) the experience of the cooperative or nonprofit corporation, or staff or consultants employed or to be employed by such a cooperative or nonprofit corporation, in the design, construction or development, and management (when applicable) of publicly- assisted or non-assisted mobilehome park developments, or rental or cooperatively-owned housing developments; and(2) whether the cooperative or nonprofit corporation possesses sufficient funds, liquid assets or the ability to borrow, to provide adequately for the predevelopment costs of the proposed mobilehome park and for unforeseen or contingent expenses.Cal. Code Regs. Tit. 25, § 7910
1. Amendment 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.
2. Certificate of Compliance transmitted to OAL 3-13-81 and filed 4-14-81 (Register 81, No. 16).
3. Amendment filed 6-11-81 as an emergency; effective upon filing (Register 81, No. 25).
4. Order of Repeal of 6-11-81 emergency order filed 6-19-81 by OAL pursuant to Government Code Section 11349.6 (Register 81, No. 25).
5. Amendment of subsection (d) filed 4-30-82; effective thirtieth day thereafter (Register 82, No. 18). Note: Authority cited: Sections 50406, and 50776, Health and Safety Code. Reference: Sections 50775, 50776 and 50777, Health and Safety Code.
1. Amendment 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.
2. Certificate of Compliance transmitted to OAL 3-13-81 and filed 4-14-81 (Register 81, No. 16).
3. Amendment filed 6-11-81 as an emergency; effective upon filing (Register 81, No. 25).
4. Order of Repeal of 6-11-81 emergency order filed 6-19-81 by OAL pursuant to Government Code Section 11349.6 (Register 81, No. 25).
5. Amendment of subsection (d) filed 4-30-82; effective thirtieth day thereafter (Register 82, No. 18).