Government Participation

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 § 4307 within income limits and maximum loan amounts as follows:

(a)For families or individuals with adjusted incomes of up to Twenty Six Thousand One Hundred Sixty Dollars COL9/7/2021 CH. 4 GUAM HOUSING CORPORATION ($26,160), the Government’s participation determined under Schedule I of § 4307. shall be

(b)For families or individuals with adjusted incomes of more than Twenty Six Thousand One Hundred Sixty Dollars ($26,160) up to Twenty Nine Thousand Four Hundred Thirty Dollars ($29, § 430), the Government’s participation shall be determined under Schedule II of § 4307.

(c)For families or individuals with adjusted incomes of more than Twenty Nine Thousand Four Hundred Thirty Dollars ($29, § 430) up to Thirty Two Thousand Seven Hundred Dollars ($32,700), the Government’s participation shall be determined under Schedule III of § 4307.

(d)For families or individuals with adjusted incomes of more than Thirty Two Thousand Seven Hundred Dollars ($32,700) up to Thirty Nine Thousand Two Hundred Forty Dollars ($39,240), the Government’s participation shall be determined under Schedule IV of § 4307. Income limits contained herein shall be adjusted by GHC as needed.