California § 52003 - The Legislature finds and declares that in order to preserve a healthy housing ma
Full text of California Public Contract Code - PCC § 52003 — The Legislature finds and declares that in order to preserve a healthy housing ma, with citation guidance and answers to common questions.
§ 52003. The Legislature finds and declares that in order to preserve a healthy housing ma
The Legislature finds and declares that in order to preserve a healthy housing market and avoid a two-tier market where publicly subsidized mortgage capital supplants mortgage capital supplied by private financial institutions, it is necessary for the lending programs of cities and counties to be sufficiently targeted to avoid competition with private sector mortgage lenders, and further that revenue bond financing of mortgage lending by cities and counties be reasonably constrained to avoid disruption of bond markets and the credit standing of the state and its political subdivisions.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 52003
What does Public Contract Code - PCC § 52003 cover?
Section 52003 ("The Legislature finds and declares that in order to preserve a healthy housing ma") 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 § 52003?
A common citation format is "Public Contract Code - PCC § 52003" (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 § 52003 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.