Terms Used In California Codes > Health and Safety Code > Division 31 > Part 2 > Chapter 3.5 - Predevelopment Loans

• Director: means "State Director of Health Services. See California Health and Safety Code 21
• Eligible sponsors: means local governmental agencies, nonprofit corporations, including cooperative housing corporations, limited liability companies where all of the members are nonprofit public benefit corporations, and limited partnerships, as defined in subdivision (f). See California Health and Safety Code 50530.5
• Fund: means the Predevelopment Loan Fund, which is replenished continuously by repayments of principal on loans made from the fund. See California Health and Safety Code 50530.5
• Housing: includes , but is not limited to, manufactured housing. See California Health and Safety Code 50530.5
• Limited partnerships: means limited partnerships where all of the general partners are either nonprofit public benefit corporations, limited liability companies where all of the members are nonprofit public benefit corporations, or a combination of nonprofit public benefit corporations and limited liability companies where all of the members are nonprofit public benefit corporations. See California Health and Safety Code 50530.5
• Local governmental agencies: includes , but is not limited to, the duly constituted governing body of an Indian reservation or rancheria or a tribally designated housing entity as defined in Section 4103 of Title 25 of the United States Code and Section 50104. See California Health and Safety Code 50530.5
• Nonprofit corporations: includes , but is not limited to, a tribally designated housing entity as defined in Section 4103 of Title 25 of the United States Code and Section 50104. See California Health and Safety Code 50530.5
• persons of low income: means persons or families who are eligible for financial assistance specifically provided by a governmental agency for the benefit of occupants of housing financed pursuant to this division. See California Health and Safety Code 50093
• Predevelopment loan: means a loan for required expenses, other than administrative and construction, that are incurred by eligible sponsors in the process of, and prior to, securing long-term financing for construction, conversion, preservation, or rehabilitation of assisted housing, and that are recoverable once long-term financing is obtained. See California Health and Safety Code 50530.5
• Stocking: means a measure of the degree to which space is occupied by well-distributed countable trees. See California Public Resources Code 4528