Statutes, codes, and regulations
California Code Of Regulations
Title 25 - Housing and Community DevelopmentDivision 1 - Housing and Community DevelopmentChapter 7 - Department of Housing and Community Development ProgramsSubchapter 4 - Multifamily Housing Program
Article 5 - Rent Write-down Loans
Section 7327 - General

Cal. Code Regs. tit. 25 § 7327

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Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 7327 - General
(a) This Article 5 governs Program loans designated as Rent Write-Down (RWD) loans for the purpose of lowering income limits and corresponding Rent levels for Low Income Housing Tax Credit Program Projects that are otherwise feasible without the use of Program funds.
(b) This article will govern the award, terms, conditions and uses of RWD loans only. Except where specifically noted the provisions of Articles 1, 2, 3 and 4 do not govern RWD loans

Cal. Code Regs. Tit. 25, § 7327

1. New article 5 (sections 7327-7336) and section filed 1-8-2002; operative 1-8-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 2).

Note: Authority cited: Sections 50406(n), 50675.1, and 50675.11, Health and Safety Code. Reference: Sections 50675.2(c), 50675.4(c)(1), and 50675.5(b)(8), Health and Safety Code.

1. New article 5 (sections 7327-7336) and section filed 1-8-2002; operative 1-8-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 2).