Chapter 32 — RESIDENTIAL REHABILITATION LOAN PROGRAMArticle VII — TERMS OF CONVENTIONAL RAP LOANS

SEC. 32.67. INTEREST RATES AND OTHER LOAN CHARGES.

San Francisco Administrative Code · edición 2025 · actualizado 2026-07-08 · San Francisco

Esta sección aún no está traducida y se muestra en inglés.

The interest rate and any other charges for a conventional RAP loan shall be established pursuant to the provisions of Sections 32.13 and 32.23, and may include:

(a) The interest charged the City and County on funds borrowed to carry out the provisions of this Chapter;

(b) An amount needed to provide for possible defaults on outstanding loans;

(c) An amount to cover the cost of servicing loan accounts;

(d) An amount to cover the cost of making hardship loans (as provided for in Article VIII); and

(e) An amount to cover the costs of issuing bonds.

(Added by Ord. 23-74, App. 1/9/74)

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