Cal. Code Regs. tit. 25 § 8026

Current through Register 2024 Notice Reg. No. 49, December 6, 2024
Section 8026 - Blanket and Individual Loan Origination
(a) Low-income residents who apply for individual loans or the benefit of blanket loans shall use forms and follow instructions approved by the department. Such applications shall include, but not be limited to, the following:
(1) evidence of eligibility for an individual loan or the benefit of a blanket loan;
(2) information on the income, debts and credit worthiness of the applicant;
(3) authorization to investigate and verify the information provided by the applicant;
(4) authorization for the loan originator, local public entity and department to share information in order to make decisions concerning action on the application; and
(5) a certification that the information provided by the applicant is true and accurate.
(b) Applications for individual assistance under blanket loans shall consist of separate applications from individual residents who will benefit from the blanket loan.

Cal. Code Regs. Tit. 25, § 8026

1. Amendment filed 5-11-2001; operative 5-11-2001 pursuant to Government Code section 11343.4 (Register 2001, No. 19).

Note: Authority cited: Sections 50406(n) and 50786(a), Health and Safety Code. Reference: Sections 50406 and 50786, Health and Safety Code.

1. Amendment filed 5-11-2001; operative 5-11-2001 pursuant to Government Code section 11343.4 (Register 2001, No. 19).