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Partner families are able to purchase their homes at no-profit, no-interest mortage loans or other innovative financing options.
In addition, a low or no-interest computer purchase program will relieve qualifying low-income residents of some of the financial stress of purchasing a new computer.
The interest rate for regular purchases is 19.9%, and any personal purchase over $299 qualifies for 6 months of no-interest and no payments.
A no-interest government loan was secured in 2003 and the demolition process began in early 2006.
Houses are sold to families without profit, and no-interest mortgages are issued over a fixed period.
Homeowners would have access to incentives to develop small-scale renewables such as low- or no-interest loans to finance the capital cost of renewable energy generating facilities like solar panels.
Fall was ultimately convicted in 1931 of accepting bribes and illegal no-interest personal loans in exchange for the leasing of public oil fields to business associates.
