California Law (Last Updated: March 4, 2014) |
Health and Safety Code - HSC |
Division 31. HOUSING AND HOME FINANCE |
Part 5. LOCAL HOUSING FINANCE AGENCIES |
Chapter 2. Definitions |
Section 52015.5.
Latest version.
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"Mortgagor" means a person or persons who have received a home mortgage on a home and who are deemed by the City of Gardena under this part to be either a person or family of low or moderate income or a first-time homebuyer, who is unable to pay the amounts at which unassisted private enterprise is providing suitable, decent, safe, and sanitary housing.
(Added by Stats. 1990, Ch. 1297, Sec. 4.)