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California · Through 2026-09-13

HSC § 50056

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Where this section sits in the code
  1. Health and Safety Code - HSC
  2. DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]
  3. PART 1. STATE HOUSING POLICY AND GENERAL PROVISIONS [50000. - 50300.]
  4. CHAPTER 2. Definitions [50050. - 50106.]

“Below-market interest” means a below-market interest rate adequate to return to the agency sufficient income to meet its obligations, reserve requirements, and expenses connected with a loan financed by the agency for which such interest rate is established as determined by the agency at the time of commitment of funds, for the permanent financing.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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