Economic development loan definition

Economic development loan means an advance of moneys, supported by a written promise of repayment, to finance an economic development project.
Economic development loan means the term as defined in s. 234.01 (4m), Stats.

Examples of Economic development loan in a sentence

  • Economic development loan funds do not necessarily have a requirement for the reserves they must have on hand.

  • Economic development loan repayments account for 4.9 percent of CDBG resources.

  • These tools include:• Zoning and land use regulations that require that new development meet desired design and density standards;• Economic development loan programs to provide participating businesses with low-cost financing for improvements; and• Community Development Block Grants to provide infrastructure for development projects.

  • Outstanding loans (installment) Housing rehab loan balance 769,892.63 Count - 79 loans Economic development loan balance 37,041.72 Count - 2 loans b.

Related to Economic development loan

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Economic development incentive means a financial incentive,

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • 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.

  • 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.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Common interest development means any of the following:

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • 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).

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

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

  • Cluster development means a contiguous cluster or

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Global Development Plan has the meaning set forth in Section 3.1.

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

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

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.