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San Bernardino
60,009-39-2
ORDINANCE NO.
MC-225
ORDINANCE OF THE CITY OF SAN BERNARDINO
ESTABLISHING A HOME FINANCING
PROGRAM FOR MODERATE AND LOW INCOME
FAMILIES PURSUANT TO PART 5 OF DIVISION 31
OF THE CALIFORNIA HEALTH AND SAFETY CODE
THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO DO ORDAIN AS FOLLOWS:
Section 1. Vital Importance of Housing. The
California State Legislature has declared that the
subject of housing is of vital importance to the
health, safety, and welfare of the residents of the
State of California for the following reasons:
(i) Decent housing is an essential
motivating force in helping people achieve self-ful-
fillment in a free and democratic society.
(ii) Unsanitary, unsafe, overcrowded, or
congested dwelling accommodations constitute conditions
which cause an increase in, and spread of, disease and
crime.
(iii) A healthy housing market is one in
which residents of this state have a choice of housing
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opportunities and one in which the housing consumer may
effectively choose within the free narketplace.
Section 2. Local Housing Finance Agencies
Law. Upon finding that:
(a) there exists within the
state a serious shortage of decent, safe, and sanitary
housing which is affordable to many persons in the
state; (b) this shortage is exacerbated during periods
of rising interest rates, particularly as high interest
rates have the effect of diminishing the nuwber of
otherwise creditworthy buyers from qualifying for
private sector mortgage capital sources; and (c) in
order to remedy this adverse effect on potential home
buyers on the lower end of the purchasing spectrum, it
is necessary to implement a public program to reduce
the cost of mortgage financing for single-family
purchases for those persons unable to compete for
mortgage financing in the conventional mortgage market;
the California State Legislature adopted the Local
Housing Finance Agencies Law (Part 5 of Division 31,
commencing with Section 52000, of the Health and Safety
Code of the State of California). This law provides
cities and counties with the authority to undertake a
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home financing program and to issue revenue bonds to
fund such programs.
Section 3. Findings. Within the City of San
Bernardino there is a shortage of decent, safe and
sanity housing, particularly of housing affordable by
persons in the lower end of the purchasing spectrum,
and a consequent need to encourage the construction of
homes affordable by such persons and otherwise to
increase the housing supply for such persons.
Section 4. Adoption of Home Financing
Program. The Mayor and Common Council hereby adopt
this Ordinance, pursuant to the powers granted by Part
5 of Division 31 of the Health and Safety Code of the
State of California, and hereby establish a Home
Financing Program for the public purposes set forth in
the Act.
Section 5. Compliance With Land Use and
Housing Elements. The City of San Bernardino Home
Financing Program shall comply with the land use
element and the housing element of the general plan of
the City and the applicable general plan of the City.
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San Bernardino
60,009-39-2
Section 6. Liberal Construction. The
provisions of this ordinance, being necessary for the
welfare of the City of San Bernardino and its inhabi-
tants, shall be liberally construed to effect the
purpose of the Program.
Section 7. Effective Date. This Ordinance
shall take effect immediately as provided in Section
52031 of the Health and Safety Code of the State of
California.
I HEREBY CERTIFY that the foregoing Ordinance
was duly adopted by the Mayor and Common Council of the
an adjourned
City of San Bernardino at / regular meeting thereof,
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San Bernar"dino
60,009-39-1
held on the 21- day of November ,1982, by the
following vote, to wit:
AYES:
Councilmen: Castaneda, Reilly,
Marks, Quiel, Hobbs, Strickler
NOES:
None
ABSENT:
Council Member Hernandez
ABSTAIN:
None
~/It?FW
/ Clty lerk
The foregoing Ordinance is hereby approved
this o??7h day of
~1I'A1J,'2
.
, 1982.
an
Approved as to form:
c~er~
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