California SB750 mandates a study on credit enhancement mechanisms for housing projects.
California SB750 requires the California Housing Finance Agency to study credit enhancement mechanisms for housing projects receiving state financial assistance. The study will evaluate structures to reduce borrowing costs, focusing on construction phase risk and financing volatility. It will also assess permanent financing considerations, market demand, and governance structures. The agency must consult with various stakeholders and submit interim and final reports by specified dates.
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- Legal Framework
- Critical Issues
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