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. . , . . RULES AND REGULATIONS OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF SANTA ~NA RELATING TO ITS RESIDENTIAL MORTGAGE FINANCING PROGRAM Dated: As of July 1, 1980 CHAPTER 1 GENERAL PROVIS IONS 1.01 Scope. These Rules and Regulations are made and published pursuant to Chapter'8, commencing with Section 33750, of Part 1 of Division 24 of the Health and Safety Code of the State of California and particularly Section 33767 thereof, as amended, and relate to the providing of technical assistance and long-term roortgage loans at low interest rates through qualified mortgage lenders to participating parties to finance construction of residential housing in the Agency's City of Santa Ana Community Redevelopment Project Area in order to encourage investment and upgrade such Area. Such mortgage loans may be purchased by the Agency from qualified mortgage lenders. Such purchase may be accomplished by a bank or trust company or national banking association acting as Trustee on behalf of the Agency and its bondholders. All such mortgage loans shall be originated, executed and purchased according to the terms and conditions set forth in a prior written commitment from the Agency to purchase such mortgage loans. 1.02 Definitions. The terms defined in the Act and the Resolution have the same meaning when used in these Rules and Regulations as are ascribed to them in the Act and the Resolution. ß£i means Chapter 8, commencing with Section 33750, of Part 1 of Division 24 of the Health and Safety Code of the State, as nOlI enacted and as hereafter amended. Agency means the Commun ity Redevelopment Agency of the City of Santa Ana, Bond or Bonds means Bonds of the Agency authorized and issued under the Resolut"iõñ. - City means the City of Santa Ana.