Section 51181 Of Article 4.5. Subordinated Mortgage Loans From California Health And Safety Code >> Division 31. >> Part 3. >> Chapter 5. >> Article 4.5.
51181
. The agency shall accept applications from housing sponsors
for subordinated loans for rental housing developments upon which
construction commences on or after January 1, 1983. Not less than 20
percent of the units in the rental housing development shall be made
available on a priority basis to lower income households, as defined
in Section 50079.5.