§ 50084
50 words·~1 min read·
/ca/health-and-safety-code/50084A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“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.