Health & Saf. Code, § 51501 · Chapter 11. California Homebuyer’s Downpayment Assistance Program
Health & Saf. Code, § 51501
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The Legislature finds and declares all of the following:
(a) There is a continuing and urgent need to provide affordable mortgage financing to meet the increasingly unfulfilled housing needs of citizens of this state.
(b) The high cost of housing impedes the ability of California employers to compete in the national marketplace for employees.
(c) Affordable housing enhances the quality of life for California residents and provides fuel for the state’s economic engine.
(d) Housing is a critical component of the California economy, both as an income producing sector and a principal factor in economic development.
(e) California’s housing crisis severely impacts families struggling to provide safe, stable homes for their children to grow and learn and the workers who are the backbone of many of the state’s most important industries.
(f) The percentage of Californians able to purchase their own homes continues to decline, even as that percentage climbs for the rest of the nation.
(g) Therefore, this chapter is enacted to make existing financing for residential mortgages more affordable to California’s homebuyers.
Notes and commentary — not statutory text
History
Added by Stats. 2000, Ch. 81, Sec. 1. Effective July 5, 2000. Inoperative on July 1, 2016, as provided in Section 51511.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=51501.
- Text hash
- sha256 e6575d3f617c132486a785cf3a54bb7d61c07e90b42c14533f0436bbdb1b7d39
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.