Section 50084 Of Chapter 2. Definitions From California Health And Safety Code >> Division 31. >> Part 1. >> Chapter 2.
50084
. "Mortgage deficient area" means an area where private
lenders have failed to provide sufficient mortgage credit for
financing or refinancing of new, existing, or rehabilitated housing
developments, and such practices have caused or threaten to cause a
decline in the condition or quality of the housing stock in the area.