{"data":{"id":"us-ca/hsc-51054","jurisdiction":"us-ca","citation":"HSC § 51054","heading":"","body":"The agency may make or undertake commitments to make development loans, construction loans, mortgage loans, and property improvement loans to housing sponsors to finance housing developments, as provided in Chapter 5 (commencing with Section 51100) of this part.\nThe agency may, in conjunction with a construction loan, set aside a reserve to provide improvement security required under subdivision (c) of Section 66462 and Chapter 5 (commencing with Section 66499) of Division 2 of Title 7 of the Government Code, which shall be in lieu of improvement security otherwise required by such provisions.","path":["Health and Safety Code - HSC","DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","PART 3. CALIFORNIA HOUSING FINANCE AGENCY [50900. - 51532.]","CHAPTER 4. General Powers [51050. - 51070.]"],"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":"68eb614b117e769086e6168bf60aa61e9eaf4d75a5144d53c97c5f2882091371","source_id":"us-ca","stale":false,"prev":"us-ca/hsc-51053","next":"us-ca/hsc-51055"},"notice":"GroundRules: Original legal text. Not legal advice."}