GroundRules
12 GCA § 4213: GHC Participation as a Lender.
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
(a) An applicant who is unable to qualify for a mortgage loan with at least three (3) commercial lenders under the program set out in this Article is eligible for a GHC loan under 4103(c) of this Title and may qualify for an Interest Free Loan under this Article; provided, such applicant falls within the income guidelines of this Article.
(b) The Interest Free Loan levels in Schedules I, II and III of § 4207 shall correspond with the prevailing GHC rate and not the index rate as is the case with qualified Financial Institutions.
Collected 2026-09-27T03:21:58Z. Source file · JSON