Section 50055 Of Chapter 2. Definitions From California Health And Safety Code >> Division 31. >> Part 1. >> Chapter 2.
50055
. "Assisted housing" means housing financed by a below-market
interest rate mortgage insured or purchased, or a loan made, by the
Secretary of the United States Department of Housing and Urban
Development or by the Farmers Home Administration of the United
States Department of Agriculture; or a market-interest-rate mortgage
insured or purchased, or a loan made in combination with, or as
augmented by, a program of rent supplements or subsidies, interest
subsidies, leasing, contributions or grants, or other programs as are
now or hereafter authorized by federal law to serve persons and
families of low or moderate income; or a mortgage or loan made
pursuant to this division; or a mortgage or loan from any private or
public source with an interest rate and terms satisfactory to the
agency and which will meet the requirements and purposes of this
division.