Section 34361 Of Article 5. Bonds From California Health And Safety Code >> Division 24. >> Part 2. >> Chapter 1. >> Article 5.
34361
. An authority may:
(a) Covenant as to the rents and fees to be charged in the
operation of a housing project, the amount to be raised each year or
other period of time by rents, fees, and other revenues, and as to
their use and disposition.
(b) Create or authorize the creation of special funds for money
held for construction or operating costs, debt service, reserves, or
other purposes, and covenant as to the use and disposition of the
money held in the funds.