Existing law requires the Department of Housing and Community Development to establish the Joe Serna, Jr. Farmworker Housing Grant Program under which the department is required to make loans available to specified entities for, among other things, the construction or rehabilitation of rental housing for lower-income agricultural employees and their families, as specified.
Existing law authorizes the department, notwithstanding any other law, to extend the term of an existing multifamily housing loan made by the department under other specified programs upon the request of any borrower, subject to specified conditions, including that the borrower provides to the department a complete report showing all existing tenants, their incomes, as specified, and the rents currently charged to each tenant.
This bill would make a nonsubstantive change to the above-described loan extension provision.
Statutes affected: SB 477: 50515.2 HSC
02/19/25 - Introduced: 50515.2 HSC