Section 33334.15 Of Article 4. Preparation And Adoption Of Redevelopment Plans By The Agency From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4. >> Article 4.
33334.15
. Subsidies provided pursuant to paragraph (8) of
subdivision (e) of Section 33334.2 may include payment of a portion
of the principal and interest on bonds issued by a public agency to
finance housing for persons and families specified in that paragraph
if the agency ensures by contract that the benefit of the subsidy
will be passed on to those persons and families in the form of lower
housing costs.