California § 50462 - The department may initiate, develop, and propose regulations for adoption by the

§ 50462. The department may initiate, develop, and propose regulations for adoption by the

The department may initiate, develop, and propose regulations for adoption by the agency and review regulations proposed by the board prior to their taking effect, with respect to the following: (a) Standards for affirmative marketing programs of housing sponsors seeking financial assistance from the agency. (b) Criteria for certifying that the sale or conveyance of real property pursuant to Section 51061 or 51251 will primarily benefit persons and families of low or moderate income living in a housing development or a residential structure. (c) Regulations permitting grants to be made by the agency to housing sponsors for the purpose of attaining affordable rents in housing developments financed by the agency. Such grants shall not be made with moneys derived from the sale of bonds. (d) Regulations governing payments, procedures, and eligibility for relocation assistance for individuals and families displaced by actions of the agency or of housing sponsors of housing developments or neighborhood improvement loans. (e) Criteria for qualification of persons, families, and households as persons and families of low or moderate income, lower income households, or very low income households. (f) Regulations establishing the maximum percentage of income which may be paid by persons and families of low or moderate income for housing cost within the meaning of the term affordable housing cost, as defined in Section 50052.5. (g) Regulations designating geographical areas of need throughout the state for housing construction or rehabilitation, as identified in the California Statewide Housing Plan, identifying housing markets in which insufficient financing is available for purchase or rehabilitation of existing housing, identifying types of households with particularly severe housing needs, or establishing priority criteria for the selection of homes and projects to be financed as housing developments or neighborhood improvement loans. (h) Criteria for inclusion of nonhousing facilities in housing developments financed by the agency. Regulations proposed by the agency in such areas of responsibility shall not take effect without concurrence of the director, the Secretary of California Housing and Homelessness, or a representative of the secretary specifically designated for such review and approval. This section shall become operative on July 1, 2026.