California § 34327 - An authority may: (a) Borrow money or accept grants or other financial assistance
Full text of California Public Contract Code - PCC § 34327 — An authority may: (a) Borrow money or accept grants or other financial assistance, with citation guidance and answers to common questions.
§ 34327. An authority may: (a) Borrow money or accept grants or other financial assistance
An authority may: (a) Borrow money or accept grants or other financial assistance from the federal government for or in aid of any housing project within its area of operation. (b) Take over, lease, or manage any housing project or undertaking constructed or owned by the federal government. (c) Borrow money or accept grants or other financial assistance from the state or any of its political subdivisions to assist in providing housing and housing services within its area of operation. (d) For these purposes, comply with such conditions and enter into any mortgages, trust indentures, leases, or agreements necessary, convenient, or desirable. It is the purpose and intent of this chapter to authorize every authority to do any and all things necessary or desirable to secure the financial aid or cooperation of the federal government in the undertaking, construction, maintenance, or operation of any housing project by an authority and to secure the financial aid and cooperation of the state in providing housing and housing services within its area of operation.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 34327
What does Public Contract Code - PCC § 34327 cover?
Section 34327 ("An authority may: (a) Borrow money or accept grants or other financial assistance") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 34327?
A common citation format is "Public Contract Code - PCC § 34327" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 34327 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.