CHAPTER II: Loan guarantees

A commune may only grant a loan guarantee or surety to a person governed by private law under the conditions set out in this chapter. The total amount of annual instalments, already guaranteed or guaranteed to fall due during the financial year, of loans contracted by any person governed by private or public law, plus the amount of the first full annual instalment of the new guaranteed assistance, and the…

I.-The provisions of the second, third and fourth paragraphs of article L. 2252-1 are not applicable to loan guarantees or sureties granted by a municipality : 1° For housing construction, acquisition or improvement operations carried out by low-income housing organisations or semi-public companies; 2° For housing construction, acquisition or improvement operations benefiting from a State subsidy or carried out with the benefit of loans assisted by the State or backed…

A commune may guarantee loans contracted to finance the construction, by religious associations or, in the départements of Bas-Rhin, Haut-Rhin and Moselle, by public religious establishments or by associations registered under local law for religious purposes, of buildings meeting collective needs of a religious nature. The municipality informs the State representative in the department of its intention to grant such a guarantee at least three months before it is granted.

Notwithstanding the transfer, whether voluntary or by operation of law, of all or part of its competencies in terms of housing policy or housing to a public establishment for inter-municipal cooperation, the municipality retains the option of granting a loan guarantee or its surety for the construction, acquisition or improvement of social housing referred to in article L. 2252-2 and to provide subsidies or land grants for these operations.