Guam § 4305 - Government Participation.

§ 4305. 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

($26,160), the Government’s participation shall be

determined under Schedule I of § 4307.

(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.