Resolution authorizing the Mayor of the City and County of San Francisco to expend $750,000 in grants from the California Department of Housing and Community Development under the CalHome Mortgage Assistance Program as authorized by and pursuant to Chapter 6 of Part 2 of Division 31 of the Health and Safety Code, commencing with Section 50650 and implementing regulations to assist low income first time homebuyers with deferred loans to purchase single family residences in the City .
Introduced July 25, 2006
What This Means
This resolution would authorize the Mayor to expend $750,000 in California Department grants under the CalHome Program to assist low-income first-time homebuyers with deferred loans.
Plain language summary generated by AI · Civitics
Community Position
Community Comments
Comment Period
This proposal is not currently open for public comment.