Examples of General Pool in a sentence
The excess funds needed to complete the set-aside award will be drawn from the General Pool.
In the event there are not enough qualified Projects to fill a specific set-aside, with the exception of the Nonprofit set-aside, the remaining balance of that set-aside will be transferred to the General Pool.
If a balance remains in one of the set-asides, other than the General Pool, IFA may exceed the set-aside amount in order to award the next qualifying Project within the specific pool.
In the event two (2) Projects have the same adjusted competitive score in a Set-Aside or in the General Pool, ADOH will reserve Tax Credits to the Project according to the following tiebreaker criteria:First, to Applicants with the lowest percentage of Tax Credits in the Development Budget calculated by dividing the total Tax Credits requested (Form 3, Page 1) by the Total Development Cost.
If funds remain in the General Pool after the August application cycle, funds exceeding the foregoing limitations may be allocated to any project (i) that was allocated funds in the August application cycle and (ii) whose allocation was limited due to the foregoing limitations.
If there are insufficient credits to be awarded to all Applicants within a set-aside, the Applicant will be considered in additional set-asides that were applied for in the Application and the General Pool.
In case of loss in a FCY General Pool, the loss will be borne by the FCY general pool members.Special Pool(s) FCY (Mudaraba)Special pool(s) are created where the customers desire to invest in high yield assets.
An Applicant applying for the Supportive Housing for Families set-aside shall not apply for the same Project in another set-aside or in the General Pool.
If there are insufficient credits to be awarded to all Applicants within a set-aside, the Applicant will be considered in additional set-asides that were applied for in the Initial Application, and the General Pool.
Therefore, funds from the QNP/CHDO pool will not be collapsed into the General Pool.