Development subsidy definition

Development subsidy means the authorizing of the provision
Development subsidy means the authorizing of or providing to
Development subsidy means any expenditure of public funds with a value of at least $25,000.00 for the purpose of stimulating economic development within the State, including but not limited to bonds, grants, loans, loan guarantees, enterprise zones, empowerment zones, tax increment financing, grants, fee waivers, land price subsidies, matching funds, tax abatements, tax exemptions, and tax credits.

Examples of Development subsidy in a sentence

  • The energy savings realized, combined with the U.S. Department of Housing and Urban Development subsidy, cover the interest and principal payments on the bonds.

  • For example, a 10-unit property with 100 percent designated farm labor housing units receiving $20,000 per year non-Rural Development subsidy yields a cost savings of $100,000 ($20,000 × 5 years); resulting to a $10,000 per-unit cost savings ($100,000/10 units).

  • For example, a 10-unit property with 100 percent designated farm labor housing units receiving $20,000 per year non-Rural Development subsidy yields a cost savings of $100,000 ($20,000 x 5 years); resulting to a $10,000 per-unit cost savings ($100,000/10 units).

  • Commitments: a cross-administrational motor pool management project, in order to provide the basis for environmentally oriented pur- chase decisions and a Research and Development) subsidy programme to increase the eco- nomic feasibility of environment-friendly products.

  • Financing Terms:  Fully Forgivable Loans: Homeownership Developments - Loans:  Loans will be made in the form of fully forgivable loans. Development subsidy will be considered a loan until the project has been completed.


More Definitions of Development subsidy

Development subsidy means any expenditure of public funds with a value of at least
Development subsidy means the providing to a recipient
Development subsidy means the authorizing of or providing to a recipient business an amount of funds by or from a State agency with a value of not less than $25,000 for the purpose of stimulating economic development in New Jersey, including, but not limited to, any bond, grant, loan, loan guarantee, matching fund, or any tax expenditure. "Development subsidy" shall not mean: a. any contract under which a State agency purchases or otherwise procures goods, services, or construction on an unsubsidized basis, including any contract solely for the construction or renovation of a facility owned by a State agency; b. any authorizing or providing of funds by or from a State agency to a recipient business, including by means of a tax expenditure, for the exclusive purpose of the development or production of affordable housing, for the exclusive purpose of subsidizing site remediation, recycling, commuter transportation assistance, pollution reduction, energy conservation, or other programs to improve the environment, or for the exclusive purpose of providing benefits to employees of the recipient business; or c. any authorizing or providing of funds by or from a State agency to a non-profit organization, including by means of a tax expenditure, for the exclusive purpose of subsidizing the development of facilities used to provide recreational, educational, arts, or cultural programs, or childcare or healthcare services.
Development subsidy means any expenditure of public funds with
Development subsidy means the provision of $100,000 or
Development subsidy means any form of public assistance, including both