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California Law (Last Updated: March 4, 2014) |
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Health and Safety Code - HSC |
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Division 31. HOUSING AND HOME FINANCE |
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Part 12. HOUSING AND EMERGENCY SHELTER TRUST FUND ACT OF 2006 |
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Chapter 2. Housing and Emergency Shelter Trust Fund of 2006 and Program |
Section 53545.15.
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(a) Notwithstanding any other law, funds appropriated for deposit into the Transit-Oriented Development Implementation Fund by Item 2240-101-9736 of the Budget Act of 2007, as reappropriated by Item 2240-492 of the Budget Act of 2010; Item 2240-101-9736 of the Budget Act of 2008, as reappropriated by Section 129 of the Budget Act of 2009, as reappropriated by Item 2240-492 of the Budget Act of 2010; Item 2240-101-9736 of the Budget Act of 2009, as reappropriated by Item 2240-492 of the Budget Act of 2010; and subdivision (b) of Section 1 of Chapter 39 of the Statutes of 2008, as reappropriated by Item 2240-492 of the Budget Act of 2010; shall be made available for liquidation of encumbrances until June 30, 2017, subject to performance-based milestones to be established by the department.
(b) The department shall amend the guidelines with revised performance-based milestones to approve disbursement extensions.
(c) The department shall evaluate the revised performance-based milestones on a project by project basis to determine which projects should be granted time extensions within the timeframe specified.