{"data":{"id":"us-ca/hsc-50747","jurisdiction":"us-ca","citation":"HSC § 50747","heading":"","body":"The development cost payments provided by the department pursuant to this article shall not exceed 100 percent of the development costs of a rental housing development, and shall not exceed the amount required, when considered with any subsidy or assistance provided by the agency, local finance entity or housing sponsor, including below-market interest financing, to ensure the economic feasibility of restricting occupancy of the rental housing development in accordance with Sections 50736 and 50739. The department may defray all or a portion of development costs as they are incurred, or in accordance with a schedule developed pursuant to subdivision (j) of Section 50746.","path":["Health and Safety Code - HSC","DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT [50400. - 50899.7.]","CHAPTER 9. Rental Housing Construction Program [50735. - 50771.3.]","ARTICLE 2. Rental Construction Incentive Program [50745. - 50750.]"],"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":"79c9b6d2cbbdac7c390b2110348935b126c6a56061b17377cce0cbad883ea039","source_id":"us-ca","stale":false,"prev":"us-ca/hsc-50746","next":"us-ca/hsc-50748"},"notice":"GroundRules: Original legal text. Not legal advice."}