§ 487.301 Definitions
§ 487.302 Powers of Department
§ 487.303 Grant, Loan, and Loan Guarantee Program
§ 487.304 Eligibility for Grant, Loan, or Loan Guarantee; Interest Rate

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Terms Used In Texas Government Code Chapter 487 > Subchapter H - Rural Health Facility Capital Improvement

  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005