California · Military and Veterans Code - MVC

MVC §987.002: (a) The purpose of this article is to provide the acquisition, construction, rehabilitation, and preservation of affordable multifamily supportive housing, affordable transitional housing, affordable

What this law says, in plain English

This statute establishes a framework for acquiring, constructing, rehabilitating, and preserving affordable multifamily supportive housing and transitional housing.

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(a) The purpose of this article is to provide the acquisition, construction, rehabilitation, and preservation of affordable multifamily supportive housing, affordable transitional housing, affordable rental housing, or related facilities for veterans and their families to allow veterans to access and maintain housing stability. (b) A program established under this article shall be restricted to veterans and their families. (c) The California Housing Finance Agency, the Department of Housing and Community Development, and the Department of Veterans Affairs, herein after “departments,” shall work collaboratively pursuant to the memorandum of understanding, as specified in Section 987.006, to carry out the duties and functions of this article.

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