Federal Subsidy definition

Federal Subsidy means Revenues, paid or payable to the Authority or its assignee by the United States Treasury in respect of BABs or QSCBs pursuant to Section 6431 of the Tax Code, or such other federal subsidy as may be identified by Series Resolution.
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Federal Subsidy means any payment from the federal government with respect to federal subsidy bonds.
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Federal Subsidy means any construction or permanent financing that is directly or indirectly financed from state or local bonds, including municipal bonds, which are tax-exempt for federal income tax purposes.
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Examples of Federal Subsidy in a sentence

  • Below market federal loans do not constitute a Federal Subsidy under HERA.

  • For the purpose of determining a Project’s Applicable credit percentage, Federal Subsidy means any construction or permanent financing that is directly or indirectly financed from state or local bonds, including municipal bonds, which are tax-exempt for federal income tax purposes.

  • The most common form of Federal Subsidy is tax-exempt bond financing.

  • The tax credit’s Applicable Credit Percentage (i.e., the “4%” or “9%” credits for which a Project is eligible) is determined by the type of project proposed, its use of Federal Subsidy or Federal Grants and the amount of credit necessary to reach feasibility and long-term viability.

  • Federal regulations prohibit the layering, or excessive use, of Federal Subsidy for any project or activity.


More Definitions of Federal Subsidy

Federal Subsidy means other project funding to include federal grants and below market rate federal loans through programs such as those administered by HUD (excluding CDBG) and Rural Development, tax exempt financing and any other locally administered low interest loan or grants from federal sources.
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Federal Subsidy means Tax Exempt Bonds.
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Federal Subsidy means any federal payments or subsidies related to any Obligation received by the District.
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Federal Subsidy means other project funding to include federal grants and below market rate federal loans through programs such as those administered by HUD (excluding CDBG) and
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Federal Subsidy means Revenues, paid or payable to the Authority or its assignee by the United States Treasury in respect of BABs or QSCBs pursuant to section 6431 of the Tax
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Federal Subsidy means amounts expected to be paid from a direct subsidy payment expected to be received from the United States Treasury, or any interest subsidy or similar payments made by the Federal government; provided, however no amounts shall be included to the extent the Federal government failed to pay an expected amount in a prior Fiscal Year.
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Federal Subsidy means federally subsidized loans or tax-exempt loans, including Rural Housing Service Section 515 loans. “Federal subsidy” does not include federal grants, such as CDBG, HOME or Supportive Housing Program grants.
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