- (a) If Arkansas Housing Trust Fund funds are provided to eligible recipients in the form of a loan, the funds will be loaned at a minimum interest rate of one percent (1%) per annum for a minimum loan term of twenty (20) years, amortized over twenty (20) years.
- (b) For projects utilizing Arkansas Housing Trust Fund resources and United States Department of Agriculture Rural Development funds, the Arkansas Housing Trust Fund loan may match the terms of the United States Department of Agriculture Rural Development loan.
- (c) For projects utilizing Arkansas Housing Trust Fund resources and United States Department of Housing and Urban Development funds, the Arkansas Housing Trust Fund loan may match the terms of the United States Department of Housing and Urban Development loan.