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Tennessee Code Title 13. Public Planning and Housing § 13-23-305

Current as of January 02, 2024 | Updated by Findlaw Staff

(a) The amount of any loan to any borrower made by the loan fund pool created by this part shall not exceed sixty-five percent (65%) of the total loan amount, plus any permissible closing costs eligible for financing.

(b) Loan agreements for repayment under this part shall not exceed thirty (30) years.

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Cite this article: FindLaw.com - Tennessee Code Title 13. Public Planning and Housing § 13-23-305 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-13-public-planning-and-housing/tn-code-sect-13-23-305/

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