{"data":{"id":"us-gu/12-gca-4206.2","jurisdiction":"us-gu","citation":"12 GCA § 4206.2","heading":"3/2 Option Qualifications.","body":"(a) Grants and loans under § 4206.1 shall be limited to the following:\nAdjusted Income: Qualifies For:\nLess than $34,335, Outright Grant,\n$34,335 to $39,240, 5 Year Interest Free\nLoan,\n$39,240 to $45,780, 3 Year Interest Free\nLoan,\nOver $45,780, No Grant or Loan.\n(b) Funding under § 4206.1 will be available only if the Financial Institution is a participant in the 3/2 Option program.\n(c) All amounts above shall be reduced to the extent the applicant has available resources and any family gifts that may be applied to the Down Payment.","path":["Title 12: Autonomous Agencies","Division 1 - Autonomous Agencies","Chapter 4: Guam Housing Corporation","ARTICLE 2: COMMUNITY AFFORDABLE HOUSING ACTION TRUST ACT"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc004.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:21:58Z","sha256":"ecd445d975ee85467c5c4e2225ede44cab5fa6082df72ca074e2e428b94517ba","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-4206.1","next":"us-gu/12-gca-4207"},"notice":"GroundRules: Original legal text. Not legal advice."}