Local development organization definition

Local development organization means a nonprofit organization
Sample 1Sample 2Sample 3
Local development organization means a housing and redevelopment authority, economic development authority, community action program, port authority, or private consultant; and
Sample 1Sample 2Sample 3
Local development organization means a nonprofit organization which is organized to operate within an area, demonstrates a commitment to a long-standing effort for an economic development program, and makes a demonstrable effort to assist in the employment of unemployed or underemployed residents in an area.
Sample 1Sample 2Sample 3

Examples of Local development organization in a sentence

  • International development organization (NGO or consulting firm)O Private sector commercial entity (not primarily in development)O Government O Local development organization (NGO or consulting firm)O Donor OOther: O 1b.


More Definitions of Local development organization

Local development organization means any local or regional development agency, authority, corporation, association, foundation or other entity, regardless of the name or manner of organization, provided it shall have as a principal function the promotion, encouragement, or development of business. The term "local development organization'' shall include a town, city or county if such town, city or county has published written procedures for participating in economic development activities through the loaning of funds or the enhancement of credit.
Sample 1

Related to Local development organization

  • Educational organization means a nonprofit public or private elementary or secondary school, two-year or four-year college, or university.

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

  • Nonprofit organization means an organization that is exempt from federal income taxation pursuant to Section 501(a) of the Code and described in Section 501(c) of the Code and that has as one of its designated activities, as indicated on United States Internal Revenue Service form 1023 "recognition of exemption", an activity that is directly related to the purposes for which grants may be issued under Revised Code Sections 164.20 through 164.27 as described in divisions (A) and (B) of Revised Code Section 164.22

  • Foreign terrorist organization means an organization designated as a foreign terrorist organization by the United States secretary of state as authorized by 8 U.S.C. Section 1189.