The following loan limits, rates and terms shall apply to all loans made pursuant to this subchapter.
(1) | Small Unit | Large Unit | |
Residential | (less than | (3 bedrooms | |
Hotel Unit | 3 bedrooms) | or more) | |
Rehabilitation | $15,000 | $25,000 | $35,000 |
Acquisition/Rehabilitation | $25,000 | $35,000 | $45,000 |
For rehabilitation of a single-family dwelling the loan limit is $45,000 for a project of up to three bedrooms, plus $10,000 for each additional bedroom beyond three bedrooms. For acquisition/rehabilitation of a single-family dwelling, the loan limit is $160,000 for a project of up to three bedrooms, plus $40,000 for each additional bedroom beyond three bedrooms.
Cal. Code Regs. Tit. 25, § 7460
2. Amendment refiled 2-5-90 as an emergency pursuant to Health and Safety Code section 50668.5(g) and Government Code section 11346.1(h); operative 2-7-90 (Register 90, No. 6). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed by operation of law on 6-7-90.
3. Amendment of subsection (a)(1) filed 3-5-90 as an emergency; operative 3-5-90 (Register 90, No. 12). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 7-3-90.
4. Certificate of Compliance as to 2-5-90 and 3-5-90 orders including amendment transmitted to OAL 3-16-90 and filed 4-16-90; operative 5-16-90 (Register 90, No. 20).
Note: Authority cited: Section 50662 and 50668.5, Health and Safety Code. Reference: Section 50670, Health and Safety Code.
2. Amendment refiled 2-5-90 as an emergency pursuant to Health and Safety Code section 50668.5(g) and Government Code section 11346.1(h); operative 2-7-90 (Register 90, No. 6). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed by operation of law on 6-7-90.
3. Amendment of subsection (a)(1) filed 3-5-90 as an emergency; operative 3-5-90 (Register 90, No. 12). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 7-3-90.
4. Certificate of Compliance as to 2-5-90 and 3-5-90 orders including amendment transmitted to OAL 3-16-90 and filed 4-16-90; operative 5-16-90 (Register 90, No. 20).