Section 34520 Of Chapter 2. Housing Cooperation Law From California Health And Safety Code >> Division 24. >> Part 2. >> Chapter 2.
34520
. When any housing authority created for any city or county
becomes authorized to transact business and exercise its powers, the
governing body of the city or county shall immediately make an
estimate of the amount necessary for the administrative expenses and
overhead of the housing authority during its first year, and may
appropriate the amount to the authority as a loan or donation. Any
city or county located wholly or partially within the area of
operation of a housing authority may lend or donate money to the
authority or agree to do so. When it has money available, the housing
authority shall make reimbursements for all such loans made to it.