Cal. Code Regs. tit. 25 § 7734

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

Section 7734 - Local Program Administration Requirements

The recipient of CalHome funds for the operation of a local owner-occupied rehabilitation program shall be responsible for the following activities:

(a) reviewing CalHome required after-rehabilitation appraisals for property eligibility under value limits established in the current published NOFA;

(b) originating, underwriting, packaging and closing CalHome Program loans in accordance with program requirements; and

(c) completion of rehabilitation construction requirements pursuant to the Owner-Occupied Rehabilitation Program Guidelines required by Section 7735(a).

Cal. Code Regs. Tit. 25, § 7734

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: Sections 50650.3(b) and 50650.7, 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).