California § 50747 - The development cost payments provided by the department pursuant to this article
Full text of California Public Contract Code - PCC § 50747 — The development cost payments provided by the department pursuant to this article, with citation guidance and answers to common questions.
§ 50747. The development cost payments provided by the department pursuant to this article
The development cost payments provided by the department pursuant to this article shall not exceed 100 percent of the development costs of a rental housing development, and shall not exceed the amount required, when considered with any subsidy or assistance provided by the agency, local finance entity or housing sponsor, including below-market interest financing, to ensure the economic feasibility of restricting occupancy of the rental housing development in accordance with Sections 50736 and 50739. The department may defray all or a portion of development costs as they are incurred, or in accordance with a schedule developed pursuant to subdivision (j) of Section 50746.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50747
What does Public Contract Code - PCC § 50747 cover?
Section 50747 ("The development cost payments provided by the department pursuant to this article") 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 § 50747?
A common citation format is "Public Contract Code - PCC § 50747" (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 § 50747 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.