(a) The amount loaned to any single family must not exceed $10,000.
(b) The director must charge an interest rate that is below prevailing commercial rates, and which reflects the county’s current cost of borrowing funds and the cost of administering the program.
(c) A loan made under this program may supplement a loan made or guaranteed under any other government program. (1989 L.M.C., ch. 19, § 1; 2015 L.M.C., ch. 24, § 5.)