§ 50720
47 words·~1 min read·
/ca/health-and-safety-code/50720A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Foreclosure Intervention Housing Preservation Program is hereby created for the purpose of preserving affordable housing and promoting resident ownership or nonprofit organization ownership of residential real property. The program shall be administered by the department and shall provide loans and grants as described in this chapter.