12 GCA § 4206.1: 3/2 Down Payment Option.

To the extent allowed by the Financial Institution, an applicant may qualify for a grant or an unsecured Interest Free Loan equal to an amount not exceeding Five Percent (5%) of the lower of the appraised value or the selling price of a Home financed under the provisions of this Article. The funds for grants or loans under this subsection shall come from the Community Affordable Housing Action Trust as defined in § 4209 of this Article. The maximum loan or grant shall be five percent (5%) of the lower of the appraised value or the selling price of the Home financed not to exceed Five Thousand Dollars ($5,000). The Financial Institution may include the repayment of the unsecured Interest Free Loan in the borrower’s total debt qualifying ratio.