Code of Federal Regulations · Section
§ 3550.113 — Rates And Terms (loans Only)
7 C.F.R. § 3550.113
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(a) Interest rate. The interest rate for all section 504 loans will be 1 percent.
(b) Loan term. The repayment period for all section 504 loans will be 20 years.
Authorizing Statute
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Departmental regulations5 U.S.C. § 301
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Administrative powers of Secretary42 U.S.C. § 1480