Section 7719 - Eligible and Ineligible Uses of Funds(a) Eligible uses of funds for specific activities are set forth in the article dealing with that activity.(b) CalHome funds shall not be used for any of the following costs that may be incurred in the local program or the project. (1) Refinancing of existing loans with CalHome funds, except Cal-Home funds may be used for site acquisition bridge loans with a term of thirty-six (36) months or less on homeownership development projects.(2) Costs associated with the rehabilitation or repair of property owned by a mobilehome park owner.(3) Offsite improvements (improvements outside the boundaries of the subdivision or individual parcels for scattered site development).(4) Unit construction costs, except in owner-occupied rehabilitation local programs.(5) Recurring loan closing costs.(6) Payoff of all or any portion of a borrower's consumer debt, liens or judgments.(7) Self-help technical assistance grant funds may not be used to pay for purchase of land, materials, tools and construction equipment or for any costs of construction.Cal. Code Regs. Tit. 25, § 7719
1. New section filed 9-29-2003; operative 9-29-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 40). Note: Authority cited: Sections 50406(n) and 50650.2, Health and Safety Code. Reference: Section 50650.3(b), Health and Safety Code
1. New section filed 9-29-2003; operative 9-29-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 40).