California Code of Regulations
Title 25 - Housing and Community Development
Division 1 - Housing and Community Development
Chapter 7 - Department of Housing and Community Development Programs
Subchapter 9 - Calhome Program Requirements
Article 5 - Owner-Occupied Rehabilitation Programs
Section 7734 - Local Program Administration Requirements
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
The recipient of CalHome funds for the operation of a local owner-occupied rehabilitation program shall be responsible for the following activities:
(a) reviewing CalHome required after-rehabilitation appraisals for property eligibility under value limits established in the current published NOFA;
(b) originating, underwriting, packaging and closing CalHome Program loans in accordance with program requirements; and
(c) completion of rehabilitation construction requirements pursuant to the Owner-Occupied Rehabilitation Program Guidelines required by Section 7735(a).
1. New section filed 9-29-2003; operative 9-29-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 40).
Note: Authority cited: Sections 50406(n) and 50650.2, Health and Safety Code. Reference: Sections 50650.3(b) and 50650.7, Health and Safety Code.
