Section 51061 Of Chapter 4. General Powers From California Health And Safety Code >> Division 31. >> Part 3. >> Chapter 4.
51061
. The agency may sell or convey real property owned by the
agency to persons and families of low or moderate income, nonprofit
housing sponsors, and local public entities. Such sale or conveyance
may be without consideration if the agency received the property upon
condition that it be so conveyed or sold and if such sale or
conveyance will inure primarily to the benefit of persons and
families of low or moderate income living in a housing development.