12 GCA § 4206: Limitations on Interest Free Loans.
Where this section sits in the code
- Title 12: Autonomous Agencies
- Division 1 - Autonomous Agencies
- Chapter 4: Guam Housing Corporation
- ARTICLE 2: COMMUNITY AFFORDABLE HOUSING ACTION TRUST ACT
The total of Interest Free Loans and loans and grants provided for in § 4206.1 shall not exceed Forty Thousand Dollars ($40,000) per applicant. The total Loan to Value Ratio of the combined Financial Institution loan and the Interest Free Loan shall not exceed Ninety-Five Percent (95%) of the lower of the appraised value or the selling price.
Collected 2026-09-27T03:21:58Z. Source file · JSON