Health and Safety Code section 50672


It is the intent of the Legislature in enacting this chapter to expedite the construction and production of housing developments that have received a commitment of funds from multifamily housing direct loan programs administered by the department, but are unable to proceed due to the competitiveness of tax credit and bond allocations.

Source: Section 50672, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=HSC§ionNum=50672.­ (updated Jun. 30, 2022; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 50672's source at ca​.gov