This chapter empowers the agency to designate neighborhood preservation areas, and to enter into agreements with local agencies. It does not limit agency powers to provide construction loans and mortgage loans as provided in Chapter 5 (commencing with Section 51100) of this part.

(Added by Stats. 1977, Ch. 610.)

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Terms Used In California Health and Safety Code 51300

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.