GroundRules
12 GCA § 4207: Interest Free Loan Schedules.
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
There are hereby established the following Interest Free Loan Schedules to which this Article applies. The maximum loan amount shall depend in each instance on the Rate Index at the time a loan is made.
(a) Interest Free Loan Schedule I.
Index Rate Maximum Interest Free Loan
12.00% or more 35.00% of Maximum Price Factor
10.00% to 11.99% 32.00% of Maximum Price Factor
Less than 10.00% 30.00% of Maximum Price Factor
(b) Interest Free Loan Schedule II.
Index Rate Maximum Interest Free Loan
12.00% or more 32.00% of Maximum Price Factor
10.00% to 11.99% 30.00% of Maximum Price Factor
Less than 10.00% 28.00% of Maximum Price Factor
(c) Interest Free Loan Schedule III.
Index Rate Maximum Interest Free Loan
12.00% or more 30.00% of Maximum Price Factor
10.00% to 11.99% 28.00% of Maximum Price Factor
Less than 10.00% 25.00% of Maximum Price Factor
Collected 2026-09-27T03:21:58Z. Source file · JSON