{"data":{"id":"us-ca/hsc-51176","jurisdiction":"us-ca","citation":"HSC § 51176","heading":"","body":"In rural mortgage areas the agency may make and undertake commitments to make construction loans and mortgage loans to finance owner-occupied residential structures without the participation of a qualified mortgage lender if no qualified mortgage lender will participate in financing such residential structures as provided in Article 2 (commencing with Section 51125) or Article 3 (commencing with Section 51150) of this chapter, or if the board determines that the agency can initiate or service loans directly at less cost than through use of a qualified mortgage lender.","path":["Health and Safety Code - HSC","DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","PART 3. CALIFORNIA HOUSING FINANCE AGENCY [50900. - 51532.]","CHAPTER 5. Financing of Housing Developments and Residential Structures [51100. - 51252.]","ARTICLE 4. Lender of Last Resort [51175. - 51177.]"],"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":"f909a744e84be06f155c28a2ee598dd792fb20a688a4bfa5301245a7fcd0b428","source_id":"us-ca","stale":false,"prev":"us-ca/hsc-51175","next":"us-ca/hsc-51177"},"notice":"GroundRules: Original legal text. Not legal advice."}