Government Participation

12 GCA § 4205, under Guam Housing Corporation.

12 GCA § 4205

The Government shall provide Interest Free Loans to qualified families or individuals. The Interest Free Loans shall be

given in accordance to the schedule set forth in § 4207 within the income limits and maximum loan amounts as follows: (a) For families or individuals with adjusted incomes up to Forty Five Thousand Seven Hundred Eighty Dollars ($45,780), the Government’s participation shall be determined under Schedule I of § 4207. (b) For families or individuals with adjusted incomes of more than Forty Five Thousand Seven Hundred Eighty Dollars ($45,780) up to Fifty Five Thousand Five Hundred Ninety Dollars ($55,590), the Government’s participation shall be determined under Schedule II of § 4207. (c) For families or individuals with adjusted incomes of more than Fifty Five Thousand Five Hundred Ninety Dollars ($55,590) up to Sixty Five Thousand Four Hundred Dollars ($65,400), the Government’s participation shall be determined under Schedule III of § 4207. Income limits contained herein shall be adjusted by GHC as needed.