Health and Safety Code section 51150


The agency may make loans to qualified mortgage lenders under terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the purpose of making construction loans and mortgage loans for the purpose of financing housing developments and residential structures.

Source: Section 51150, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=HSC§ionNum=51150.­ (updated Jan. 1, 1981; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 51150's source at ca​.gov