{"data":{"id":"us-ca/gov-52202","jurisdiction":"us-ca","citation":"GOV § 52202","heading":"","body":"(a) A city, county, or city and county may loan funds to owners or tenants for the purpose of rehabilitating commercial buildings or structures. The loan shall be in the form of a written loan agreement that includes a payment schedule, the terms for interest calculation, the rights and remedies of the parties in case of default, and any other material terms of the loan.\n(b) Prior to entering into a loan agreement pursuant to this section, the city, county, or city and county shall find, after a public hearing, that the assistance is necessary for the economic feasibility of the development and that the assistance cannot be obtained on economically feasible terms in the private market.","path":["Government Code - GOV","TITLE 5. LOCAL AGENCIES [50001. - 57607.]","DIVISION 1. CITIES AND COUNTIES [50001. - 52203.]","PART 4. Economic Opportunity [52200. - 52203.]","CHAPTER 2. Sales and Leases [52201. - 52203.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"edf5edbe1ce6eb5af2e60ec39e72b9db5c1a31c40aa373201b11ee7a76c69323","source_id":"us-ca","stale":false,"prev":"us-ca/gov-52201","next":"us-ca/gov-52203"},"notice":"GroundRules: Original legal text. Not legal advice."}