California Law (Last Updated: March 4, 2014) |
Health and Safety Code - HSC |
Division 31. HOUSING AND HOME FINANCE |
Part 3. CALIFORNIA HOUSING FINANCE AGENCY |
Chapter 5. Financing of Housing Developments and Residential Structures |
ARTICLE 3. Loans to Qualified Mortgage Lenders |
Section 51151.
Latest version.
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Mortgage loans shall not be made under this article unless the agency determines that type of loan can be made at a lower cost to a housing sponsor than is available for the same type of loan made under the provisions of Article 1 (commencing with Section 51100), Article 2 (commencing with Section 51125) or Article 4 (commencing with Section 51175) of this chapter.
(Added by Stats. 1977, Ch. 610.)