Cal. Code Regs. tit. 25 § 7420

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

Section 7420 - Review of Applications for Fund Commitments

The following criteria shall be used to review applications in determining Fund commitments to local entities.

(a) Compliance with State Housing Element requirements contained in Section 65302(c) of the Government Code;

(b) The local entity's ability to lend the funds upon receipt of a commitment;

(c) Evidence of need in terms of substandard housing; and

(d) Other considerations as deemed appropriately by the Department.

Cal. Code Regs. Tit. 25, § 7420

1. Repealer and new section filed 10-2-81; effective thirtieth day thereafter (Register 81, No. 40).

Note: Authority cited: Section 50662, Health and Safety Code. Reference: Sections 50660-50668, Health and Safety Code.

1. Repealer and new section filed 10-2-81; effective thirtieth day thereafter (Register 81, No. 40).