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Senator Margolis moved the following amendment to amendment

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(636396):

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     Senate Amendment

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     Delete line(s) 52-61

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and insert:

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     (c) Housing choice assistance vouchers shall be used for

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down payment assistance for the purchase of a single-family

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residence within the county by low-income or moderate-income

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persons who are:

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     1. Actively employed by the purchasing employer or by a

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business entity directly affiliated with the purchasing employer;

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and

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     2. Prequalified for a mortgage loan by a certified lending

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institution.

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4/28/2008  10:33:00 AM     CA.35.08824