New York Codes, Rules and Regulations
Title 18 - DEPARTMENT OF SOCIAL SERVICES
Chapter XX - Youth Facilities Project Guarantee Fund
Part 1002 - Terms And Conditions For Guarantee Of A Loan Of A Lending Institution
Section 1002.5 - Fees and charges
Universal Citation: 18 NY Comp Codes Rules and Regs ยง 1002.5
Current through Register Vol. 45, No. 52, December 27, 2023
The charge to the applicant for the guarantee of a loan of a lending institution by the fund shall be one and one-half percent of the loan as of the date of the closing of the loan. Such charge shall be payable to the fund by the applicant upon request on or after the date of the closing.
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