Section 37601 Of Chapter 1. General Provisions And Definitions From California Health And Safety Code >> Division 24. >> Part 10. >> Chapter 1.
37601
. The Legislature finds and declares that properties and
structures of historical or architectural significance are an
essential public resource and that it is necessary and essential that
cities, counties, and cities and counties be authorized to make
long-term, low-interest loans to finance the rehabilitation of
properties of historic or architectural significance. Unless local
agencies have the authority to provide loans for the rehabilitation
of historic properties, many properties of historic or architectural
significance will continue to deteriorate at an accelerated rate
because loans from private sources are not sufficiently available for
their rehabilitation. It shall be the policy of the state to
preserve, protect, and restore the historical and architectural
resources of the state.