HSC § 50056
Where this section sits in the code
- Health and Safety Code - HSC
- DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]
- PART 1. STATE HOUSING POLICY AND GENERAL PROVISIONS [50000. - 50300.]
- 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