This article constitutes an alternative method for cities and counties to issue bonds for making construction loans and mortgage loans for multifamily rental housing developments pursuant to the provisions of this chapter.

(Added by Stats. 2002, Ch. 12, Sec. 1. Effective March 11, 2002.)

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Terms Used In California Health and Safety Code 52090

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