§ 51306 Rehabilitation Housing Loan Assistance

Health and Safety Code·California

AI SummaryVerified

Key Takeaways

•The government can give loans to help fix up old houses or buildings in areas that need a lot of repairs.
•There are different types of loans: to get ready for repairs, to buy a house, to fix it up, or to help if the repairs are too expensive for the owner.
•For people who live in their own homes, the loan payments and interest depend on how much they can afford to pay.

Example

Imagine you live in an old house in a neighborhood where many houses need big repairs. You want to fix up your house, but it’s too expensive for you to do it all at once.

The government can give you a loan to help pay for the repairs. If you can’t afford the full cost, they might give you a loan with lower payments based on what you can actually pay.

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

Official Source

View on CA.gov

§ 51306 Rehabilitation Housing Loan Assistance

Financing assistance for housing developments in concentrated rehabilitation areas may include any or all of the following types of loans: (a) Development loans to prepare for rehabilitation. (b) Mortgage loans for purchase of housing developments. (c) Construction loans for rehabilitation, or for rehabilitation with acquisition or refinancing. (d) Mortgage loans for rehabilitation, or for rehabilitation with acquisition or refinancing, where the cost of acquisition and rehabilitation or the cost of rehabilitation without refinancing exceeds the financial capability of the owner, or would result in rents which are not competitive for the area, as determined by the agency. For owner-occupied housing developments, the terms and interest rates of such mortgage loans shall be commensurate with ability to pay, as established by regulations of the agency. (Amended by Stats. 1979, Ch. 1207.)

Last verified: January 24, 2026

Key Terms

rehabilitation acquisition mortgage regulation assistance development construction capability

References

Official text at leginfo.legislature.ca.gov
California Legislature. Health and Safety Code. Section 51306.

§ 51306 Rehabilitation Housing Loan Assistance

Health and Safety Code·California

AI SummaryVerified

§ 51306 Rehabilitation Housing Loan Assistance

Key Takeaways

•The government can give loans to help fix up old houses or buildings in areas that need a lot of repairs.
•There are different types of loans: to get ready for repairs, to buy a house, to fix it up, or to help if the repairs are too expensive for the owner.
•For people who live in their own homes, the loan payments and interest depend on how much they can afford to pay.

Example

Imagine you live in an old house in a neighborhood where many houses need big repairs. You want to fix up your house, but it’s too expensive for you to do it all at once.

The government can give you a loan to help pay for the repairs. If you can’t afford the full cost, they might give you a loan with lower payments based on what you can actually pay.

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

Official Source

View on CA.gov

§ 51306 Rehabilitation Housing Loan Assistance

Last verified: January 24, 2026

Key Terms

rehabilitation acquisition mortgage regulation assistance development construction capability

References

Official text at leginfo.legislature.ca.gov
California Legislature. Health and Safety Code. Section 51306.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References