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§ 5347. Potential Public Benefits Calculation.

4 CA ADC § 5347Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 4. Business Regulations
Division 9.5. California Debt Limit Allocation Committee
Chapter 5. Single Family Housing Home Improvement and Rehabilitation Program
Article 3. Evaluation Criteria
4 CCR § 5347
§ 5347. Potential Public Benefits Calculation.
Currentness
For each Allocation round, programs will be evaluated and ranked based on how effectively they will achieve the following public benefits relative to their competitor's performance: Serving the maximum number of households earning eighty percent (80%) or less of the Applicable Median Family Income of the area in which the program is located; ensuring the lowest interest rates to borrowers; and serving the maximum number of households with the allocation.

Credits

Note: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.85(a) and 8869.85(b), Government Code.
History
1. New section filed 12-21-2012 as an emergency pursuant to Government Code section 8869.94; operative 12-21-2012 (Register 2012, No. 51). A Certificate of Compliance must be transmitted to OAL by 6-19-2013 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 12-21-2012 order transmitted to OAL 5-23-2013 and filed 7-8-2013 (Register 2013, No. 28).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 4, § 5347, 4 CA ADC § 5347
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