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HomeHealth and Safety CodeDiv. 31Pt. 2Ch. 6.5§ 50663 Housing Rehabilitation Loan Contracts

§ 50663 Housing Rehabilitation Loan Contracts

Health and Safety Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 50663 Housing Rehabilitation Loan Contracts

Key Takeaways

  • •The government can give money to local groups or nonprofits to help fix up homes.
  • •This money is for special programs that help repair houses in certain areas.
  • •The money is a loan that you pay back later, not right away.
  • •You can only get this loan if you meet certain rules.

Example

If your house is old and needs repairs, like a new roof or fixed plumbing, but you don't have enough money to fix it right now.

The government can give a loan to a local group, and that group can lend you the money to fix your house. You don't have to pay it back right away, but you will have to pay it back later.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 50663 Housing Rehabilitation Loan Contracts

The department may contract with a local public entity or nonprofit corporation to provide any portion of uncommitted funds in the Housing Rehabilitation Loan Fund for making deferred-payment rehabilitation loans through such local public entity or nonprofit corporation in aid of a (a) rehabilitation loan program conducted in a concentrated rehabilitation area designated pursuant to Section 51302; (b) residential rehabilitation financing program conducted pursuant to Part 13 (commencing with Section 37910) of Division 24; (c) systematic enforcement program for which the California Housing Finance Agency has allocated funds for mortgage loans pursuant to Section 51311; (d) code enforcement agency repairing substandard dwellings following the owner’s failure to commence work following a final notice or order from the enforcement agency; (e) program conducted by the agency in a mortgage assistance area, provided such area is located in a rural area; or (f) rehabilitation or code enforcement program being undertaken by a local public entity or nonprofit corporation in an area in which federal funds are being used or will be used in conjunction with the program established pursuant to this chapter. Eligibility for such loans shall be governed by the provisions of Sections 50664, 50665, 50666, 50667, 50667.5, or 50668. (Amended by Stats. 1979, Ch. 1045. Note: Conditional amendment by Stats. 1994, Ch. 94, was repealed by Stats. 1997, Ch. 580.)

Last verified: January 24, 2026

Key Terms

enforcementrehabilitationcorporationcontractmortgageportthe california departmentcalifornia housing finance

Related Statutes

  • § 25206.3 Indirect Cost Allocation Rules
  • § 50660 Housing Rehabilitation Loan Assistance
  • § 50662 Deferred Rehabilitation Loan Terms
  • § 50666 Low-Income Housing Rehabilitation Loans
  • § 50667 Low-Income Housing Rehabilitation Loans

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 50663.
View Official Source