Chapter 32 — RESIDENTIAL REHABILITATION LOAN PROGRAM›Article VII — TERMS OF CONVENTIONAL RAP LOANS

SEC. 32.68. VARIABLE INTEREST RATE.

San Francisco Administrative Code · 2025 edition · ingested 2026-07-08 · San Francisco

In connection with a conventional RAP loan, the loan agreement may provide for a variable interest rate. If the loan agreement does provide for a variable interest rate, the terms of the loan agreement and any change in the interest rate or other charges shall conform to the requirements of Sections 37917 of the Health and Safety Code of the State of California relating to the use of variable interest rates in connection with financing residential rehabilitation.

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

GoCodebook provides limited public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.