Cal. Code Regs. Tit. 25, § 8212.2 - Uniform Multifamily Underwriting and Program Rules

Current through Register 2021 Notice Reg. No. 52, December 24, 2021

(a) The following sections of title 25, Division 1, Chapter 7, Subchapter 19 are hereby incorporated by reference into this subchapter and shall apply to rental housing developments. State Recipients may request a deviation from these rules on a case by case basis. Such a request will be evaluated to determine its impact on project feasibility. The Department at its sole discretion may or may not approve such a request.

(1) Section 8303. Site Control Requirements;

(2) Section 8304. Unit Standards;

(3) Section 8305. Tenant Selection;

(4) Section 8306. Tenant Recertification and Unit Mix Maintenance;

(5) Section 8307. Rental Agreement and Grievance Procedure;

(6) Section 8308. Operating Reserves.

(7) Section 8309. Replacement Reserves.

(8) Section 8310. Underwriting Standards;

(9) Section 8311. Limits on Development Costs;

(10) Section 8312. Developer Fee;

(11) Section 8313. Reserved.

(12) Section 8314. Use of Operating Cash Flow.

(13) Section 8315. Subordination Policy

(14) Section 8316. Leasehold Security

(b) For purposes of this section 7239 the definitions found in Section 8301 shall apply.

(c) In the event of a conflict or a perceived conflict between the provisions of this section and the other sections in this subchapter, the provisions of this section shall be construed to further the purposes of this subchapter.

Notes

Cal. Code Regs. Tit. 25, § 8212.2

Note: Authority cited: Sections 50406 and 50896.3(b), Health and Safety Code. Reference: Sections 50896, 50896.1 and 50896.3, Health and Safety Code; 42 U.S.C. Section 5304(b); and 24 CFR Sections 92.252, 92.253, 92.303, 92.350, 92.351 and 92.504(c).

1. New section filed 9-29-2003; operative 9-29-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 40).