Economically Distressed definition

Economically Distressed means a county or municipality so designated by WEDC by considering the most current area and state data available for the following indicators:
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Economically Distressed means a county or municipality designated by WEDC based on the most current area and state data available for the following indicators: (a) unemployment rate; (b)
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Economically Distressed means a port district whose boundaries include, at time of application, both an environmental justice area and an opportunity zone as declared by the Illinois Environmental Protection Agency and Illinois Department of Commerce and Economic Opportunity, respectively.
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Examples of Economically Distressed 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.

  • Economically Distressed Area--An area that is in a census tract that has a median household income that is 75% or less of the statewide median household income and in a municipality or, if not within a municipality, in a county that has been awarded funds under the Economically Distressed Areas Program administered by the Texas Water Development Board.

  • TERMS: This Agreement is entered into in partial satisfaction of requirements under the Texas Water Development Board’s Economically Distressed Areas Program Model Subdivision Rules.

  • Severely Economically Distressed CommunityThe 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.

  • Economically Distressed Counties (EDC) are those which are among the 10 worst counties for each of the following: unemployment, income, and poverty.

  • Costs incurred after January 1, 2015 (the effective date of Proposition 1) can be used as local cost share; in-kind services may also be used for local cost share.An applicant may request the local cost share requirement be waived or reduced for projects that directly benefit one or more DACs and/or Economically Distressed Areas (EDAs).

  • Colonia Economically Distressed Areas Program Legislative Set-Aside 3c.

  • The cost share requirement for projects benefiting a Severely Disadvantaged Community (SDAC), Disadvantaged Community (DAC), or an Economically Distressed Areas (EDA) may be waived or reduced.

  • Pursuant to the Act, Development Fund II shall contain the State Participation Account, the Economically Distressed Areas Program Account and the Financial Assistance Account.

  • Intermediaries which make at least 50 percent of their loans to small businesses located in or owned by resi- dents of Economically Distressed Areas are not subject to the contribution re- quirement in paragraph (a) of this sec- tion.


More Definitions of Economically Distressed

Economically Distressed means the condition of a coun­
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Economically Distressed means a county or municipality so designated
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Related to Economically Distressed

  • Viable means the stage of development of a human fetus at which there is a realistic possibility of maintaining and nourishing of a life outside the womb with or without temporary artificial life-sustaining support.

  • Socially and Economically Disadvantaged Individuals means those individuals who are citizens of the United Stated (or lawfully admitted permanent residents) and who are women, Black Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, or Asian-Indian Americans and any other minorities of individuals found to be disadvantaged by the Small Business Administration pursuant to Section 8 (a) of the Small Business Act, RIPTA shall make a rebuttal presumption the individuals in the following groups are socially and economically disadvantaged. RIPTA may also determine, on a case-by-case basis, that individuals who are not a member of one of the following groups are socially and economically disadvantaged:

  • Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”

  • Functionally dependent use means a use which cannot perform its intended purpose unless it is located or carried out in close proximity to water. The term includes only docking facilities, port facilities that are necessary for the loading and unloading of cargo or passengers, and ship building and ship repair facilities, but does not include long-term storage or related manufacturing facilities.