Section 51065.1 Of Chapter 4. General Powers From California Health And Safety Code >> Division 31. >> Part 3. >> Chapter 4.
51065.1
. The agency may make grants to buyers of residential
structures combined with first mortgage loans financed by the agency
to be used in conjunction with the FHA Energy Efficient Mortgage
Program, for the purpose of making repairs or improvements to
increase energy efficiency in the home. Grants authorized by this
section shall not be made with proceeds from the sale of bonds. Any
such grant, and any costs directly associated with it, shall be
funded through revenues realized by the agency from the grantee's
first mortgage loan, or securities backed by it, except that the
agency may provide short-term interim funding of the grant to
facilitate the transaction.