Distressed Community definition

Distressed Community means a community that the Applicant demonstrates to be any one or more of the following:

Distressed Community means a geo- graphic community which meets the minimum area eligibility requirements specified in § 1806.200, and such addi- tional criteria as may be set forth in the applicable NOFA;

Distressed Community means as defined in R.I. Gen. Laws § 45-13-12.

Examples of Distressed Community in a sentence

• Severely Economically Distressed Community The following table provides the website addresses where the publicly available information on county-level economic data including per capita income, poverty rate, and unemployment levels can be found.

• Applicants should use the CDFI Fund’s Information Mapping System (CIMS Mapping Tool) to determine whether a Baseline Period activity or Assessment Period activity is located in a qualified Distressed Community.

• Distressed Community Financing Activities (12 CFR 1806.103(u)) include Affordable Housing Loans, Affordable Housing Development Loans and related Project Investments; Education Loans; Commercial Real Estate Loans and related Project Investments; Home Improvement Loans; and Small Business Loans and related Project Investments.

• The EDCs will determine at the time of application whether a Qualified System is located in a listed Economically Distressed Community and will assign the appropriate tariff incentive rates.

• Leverage loans used in New Markets Tax Credit structured transactions that meet the requirements outlined in this NOFA are considered Distressed Community Financing Activities.

More Definitions of Distressed Community

Distressed Community means: (a) A county that has an unemployment rate that is twenty percent above the state average for the immediately previous three years; (b) an area within a county that the department determines to be a low-income community, using as guidance the low-income community designations under the community development financial institutions fund's new markets tax credit program of the United States department of the treasury; or (c) a school district in which at least fifty percent of local elementary students receive free and reduced-price meals.

Distressed Community means a census tract, or defined por- tion thereof, that, according to the most recent census data available, has

Distressed Community means: (a) A county that has an

Distressed Community means ageographic community which meets the minimum area eligibility requirements specified in § 1806.200;

Distressed Community means any area which

Distressed Community means any population

Distressed Community means a geographic community which meets the minimum area eligibility requirements specified in § 1806.200, and such additional criteria as may be set forth in the applicable NOFA;