Ill. Admin. Code tit. 35 § 886.500

Current through Register Vol. 48, No. 49, December 6, 2024
Section 886.500 - Fixed Loan Rate

The fixed loan rate is comprised of an interest rate and a loan support rate. The fixed loan rate charged for a brownfields redevelopment loan shall be a simple annual rate at one-half the market interest rate, but not less than 2.50 %.

Ill. Admin. Code tit. 35, § 886.500