§ 50606 (a) It is the intent of the Legislature in enacting this chapter …
§ 50607 (a) Upon appropriation by the Legislature for purposes of this …
§ 50608 (a) For any loans issued pursuant to this chapter, principal and …
§ 50609 (a) The department may designate an amount not to exceed 1.5 …

Terms Used In California Codes > Health and Safety Code > Division 31 > Part 2 > Chapter 5.5 - Affordable Housing Preservation

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
  • Stocking: means a measure of the degree to which space is occupied by well-distributed countable trees. See California Public Resources Code 4528