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653a — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Seventeen - Housing (§§ 1 — 1546)/
  5. Chapter 21 - Commonwealth Subsidy Plan for Interest on Mortgage Markets § 651 - Definitions/
  6. 653a
Puerto Rico Legal Code

653a

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The Housing Finance Authority is hereby authorized to fix, through regulations, when the market conditions require it, the average maximum price per unit under which a subsidy in the mortgage interest shall be granted to moderate-income families that acquire newly-built housing under the terms of §§ 651-660c of this title. History —July 5, 1973, No. 10, p. 771, added as § 3A on June 20, 1978, No. 11, p. 394, § 2; Aug. 4, 2012, No. 152, § 1.