Section 50952 Of Chapter 2. Purposes And General Provisions From California Health And Safety Code >> Division 31. >> Part 3. >> Chapter 2.
50952
. The agency shall also seek to attain all of the following
objectives:
(a) Acquisition of the maximum amount of funds available for
subsidies for the benefit of persons and families of low or moderate
income occupying units financed pursuant to this part.
(b) Housing developments providing a socially harmonious
environment by meeting the housing needs of both very low income
households and other persons and families of low or moderate income
and by avoidance of concentration of very low income households that
may lead to deterioration of a development.
(c) Emphasis on housing developments of superior design,
appropriate scale and amenities, and on sites convenient to areas of
employment, shopping, and public facilities.
(d) Increasing the range of housing choice for minorities in lower
income households and other lower income households, rather than
maintaining or increasing the impaction of low-income areas, and
cooperation in implementation of local and areawide housing
allocation plans adopted by cities, counties, and joint powers
entities made up of counties and cities.
(e) Reducing the cost of mortgage financing for rental and
cooperative housing to provide lower rent for persons and families of
low or moderate income.
(f) Reducing the cost of mortgage financing for home purchase, in
order to make homeownership feasible for persons and families of low
or moderate income.
(g) Identification of areas of low vacancy rates where
construction is needed, of areas of substandard housing where
rehabilitation is needed, and of areas of credit shortage where
financing is needed for transfer of existing housing, so as to
maximize the impact of financing activities on employment, reduction
of housing costs, and maintenance of local economic activity.
(h) A balance between urban metropolitan, nonmetropolitan, and
rural metropolitan housing developments, and between family housing
and housing for the elderly and handicapped, in general proportion to
the needs identified in the California statewide housing plan.
(i) Minimization of fees and profit allowances of housing sponsors
so far as consistent with acceptable performance, in order to
maximize the benefit to persons and families of low or moderate
income occupying units financed by the agency.
(j) Full utilization of federal subsidy assistance for the benefit
of persons and families of low or moderate income.
(k) Full cooperation and coordination with the local public
entities of the state in meeting the housing needs of cities,
counties, cities and counties, and Indian reservations and rancherias
on a level of government that is as close as possible to the people
it serves.
( l) Promoting the recovery and growth of economically depressed
business located in areas of minority concentration and in
mortgage-deficient areas.
(m) Revitalization of deteriorating and deteriorated urban areas
by attracting a full range of income groups to central-city areas to
provide economic integration with persons and families of low or
moderate income in those areas.
(n) Implementation of the goals, policies, and objectives of the
California Statewide Housing Plan.
(o) Location of housing in public transit corridors with high
levels of service.
(p) Reducing the cost of mortgage financing for rental housing
development in order to attract private and pension fund investment
in such developments.
(q) Reducing the cost of mortgage financing for second unit rental
housing, as defined by Section 65852.2 of the Government Code, in
order to make rental housing more affordable for elderly persons and
persons and families of low or moderate income.