§ 120.900. Sources of permanent financing.
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/us/cfr/t13/s§ 120.900·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Permanent financing for each Project must come from three sources: the Borrower's contribution, Third-Party Loans, and the 504 loan. Typically, the Borrower contributes 10 percent of the permanent financing, Third-Party Loans 50 percent and the 504 loan 40 percent.