Community development loan definition

Community development loan means a loan that:
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Community development loan means a loan that has as its primary purpose community development as defined in the CRA, and is not otherwise collected and reported for consideration as a consumer, home or small business loan by the financial institution.
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Community development loan means a loan that: § 195.12
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Examples of Community development loan in a sentence

  • To businesses and farms with gross annual revenues of $1 million or less (using the revenues that the bank considered in making its credit decision);(2) Community development loan data.

  • To businesses and farms with gross annual revenues of $1 million or less (using the revenues that the bank considered in making its credit deci- sion);(2) Community development loan data.

  • To businesses and farms with gross annual revenues of $1 million or less (using the revenues that the bank considered in making its credit decision); (2) Community development loan data.

  • To businesses and farms with gross annual revenues of $1 million or less (using the revenues that the bank considered in making its creditdecision);(2) Community development loan data.

  • Community development loan funds (CDLFs) provide financing and development services to businesses, organizations and individuals in low-income communities.As organizations, CDFIs must assess their capacity within the context of their structures.

  • Community development loan pools provide the opportunity to simultaneously achieve both.Similar to revolving loan funds,Because this type of financing comes in a variety of forms, this article will focus on general aspects of loan pools.

  • To businesses and farms with gross annual revenues of $1 million or less (using the revenues that the sav- ings association considered in making its credit decision);(2) Community development loan data.

  • FINAL NOTE Community development loan funds can specialize in specific markets and services.

  • Community development loan means a loan that has as its primary purpose community development, and is not otherwise collected and reported for consideration as a consumer, home or small business loan by the financial institution.

  • The following is a partial list of the types of entities that may be CEDEs: • National bank community development corporation subsidiaries.• Private or nonbank community development corporations.• CDFI Fund-certified community development financial institutions (CDFIs) or community development entities.• Limited liability companies or limited partnerships.• Community development loan funds or lending consortia.


More Definitions of Community development loan

Community development loan means a loan that:, line of credit, or commitment to lend that meets the criteria of § 25.04(c).Community development services means bank employee time spent volunteering as a representative of the bank on activities that meet the criteria of § 25.04(c) or supporting activities that meet the criteria of § 25.04(c)(2), (11). A bank employee may receive expense reimbursement for volunteer time related to the community development activity.Compensation means the median hourly compensation value (i.e., total salaries and benefits divided by full-time equivalent employees) for the banking industry based on aggregate Call Report data for (1) median salaries and employee benefits from Schedule RI, Item 7.a and (2) the median number of full-time equivalent employees from Schedule RI Memorandum Item 5.
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Community development loan means a loan from a
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Community development loan means a loan that has its primary purpose community development. This includes but is not limited to loans to:
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Related to Community development loan

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Redevelopment Agreement means an agreement between the

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.

  • Joint Development Agreement has the meaning provided in Section 5.3.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Community basin means an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond, established in accordance with N.J.A.C. 7:8-4.2(c)14, that is designed and constructed in accordance with the New Jersey Stormwater Best Management Practices Manual, or an alternate design, approved in accordance with N.J.A.C. 7:8-5.2(g), for an infiltration system, sand filter designed to infiltrate, standard constructed wetland, or wet pond and that complies with the requirements of this chapter.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).