This chapter constitutes an alternative method to finance construction loans and mortgage loans for multifamily rental housing pursuant to the provisions of this chapter.

(Amended by Stats. 2016, Ch. 552, Sec. 3. (AB 723) Effective September 24, 2016.)

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Terms Used In California Health and Safety Code 51340

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.