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Rocco Galati has taken on a case for a group called the Committee for Monetary and Economic Reform, or COMER, which wants the central bank to return to the practice of lending federal and provincial governments interest-free money for.

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Three local school districts will get almost $4 million in interest-free loans created as. School Construction Bond Program loans, according to a news release from Gov. Jim Doyle’s office. The program makes loan money available.

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That’s because the credit was actually an interest-free loan provided by the government to stimulate a near-dead housing market. Unlike the homebuyer credits of 2009 and 2010, this one must be paid back over 15 years beginning with this.

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