13 C.F.R. § 123.406 – What is the interest rate on a pre-disaster mitigation loan? | Midpage
§ 123.406
13 C.F.R. § 123.406
What is the interest rate on a pre-disaster mitigation loan?
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The interest rate on a pre-disaster mitigation loan will be fixed at 4 percent per annum or less. The exact interest rate will be stated in the Federal Register notice announcing each filing period (see § 123.407).