Local financial support definition

Local financial support means financial investment by the recipient through the use of the recipient’s own discretionary funds that are a permanent financial contribution or commitment applied to and related to the objectives of the housing activity or project assisted through the HOME partnership program and that are used during the same time frame as the requested housing activity or project.
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Local financial support or “local match” means cash or in-kind contributions to be used for the project from a private donor, a business, or the pilot project city. “Cash” includes but is not limited to loans, forgivable loans or grants. “In-kind contributions” means contributions directly related to the project and includes but is not limited to the construction of private or public infrastructure or other amenities and improvements.
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Local financial support means funding from local sources, public or private, which is paid to the Economic Development Trust Fund and which is equal to 20 percent of the annual tax refund for a qualified applicant. Local financial support may include excess payments made to a utility company under a designated program to allow decreases in service by the utility company under conditions, regardless of when applica- tion is made. A qualified applicant may not provide, directly or indirectly, more than 5 percent of such funding in any fiscal year. The sources of such funding may not include, directly or indirectly, state funds appropriated from the General Revenue Fund or any state trust fund, excluding tax revenues shared with local governments pursuant to law.
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Examples of Local financial support in a sentence

  • Local financial support for the civil society is minimal, unrealizable and it mainly comes through consultancies undertaken by individual organizations.

  • Local financial support refund will be provided un the cash is received.

  • Local financial support means funding from local sources, public or private, which is equal to 20 percent of the annual tax refund for a qualified business.5 Approved applicants enter into an agreement with OTTED and may receive refunds based on the payment of sales and use taxes, corporate income taxes, intangible personal property taxes, emergency excise taxes, excise taxes on documents, and ad valorem taxes.

  • Local financial support means funding from local sources, public or private, which is equal to 20 percent of the annual tax refund for a qualified business (s.

  • Local financial support funded the construction of the campus facilities, which the state furnishes and maintains.

  • The LEA will not reduce the amount of State and/or Local financial support for special education and related services for children with disabilities below the amount of that support for the preceding fiscal year, unless the LEA is eligible for exceptions or adjustments, in accordance with 20 U.S.C. 1412(a)(18)(A)-(D); 34 CFR §§300.203 through 205.

  • Local financial support can include the following approaches: 1) cost sharing with local agencies; 2) locally-generated revenues from transit-oriented development; 3) commercial concessions at high-speed rail stations; and 4) cooperative funding arrangements with local transportation agencies.

  • Local (financial) support not only diminishes dependency on foreign donors, it provides better guarantee that local prior- ities prevail and gives legitimacy to the organization.


More Definitions of Local financial support

Local financial support means funding from local sources, public or private, that is paid to the Economic Development Trust Fund and that is equal to 20 percent of the annual tax refund for a qualified target industry business. A qualified target industry business may not provide, directly or indirectly, more than 5 percent of such funding in any fiscal year. The sources of such funding may not include, directly or indirectly, state funds appropriated from the General Revenue Fund or any state trust fund, excluding tax revenues shared with local governments pursuant to law.
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Local financial support means cash or in-kind contributions to the project from a private donor, a business, or the pilot project city.
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Local financial support means funding from local sources, public or private, which is paid to the Economic Development Trust Fund and which is equal to 20 percent of the annual tax refund for a qualified applicant. Local financial support may include excess payments made to a utility company under a designated program to allow decreases in service by the utility company under conditions, regardless of when applica- tion is made. A qualified applicant may not provide, directly or indirectly, more than 5 percent of such funding in any fiscal year. The sources of such funding
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Related to Local financial support

  • Financial Support means any loans, guarantees, Security or other financial assistance (whether actual or contingent).

  • Cash medical support means an obligation to equally share all reasonable and necessary medical and dental expenses of children.

  • Material support and resources means currency or monetary instruments or financial securities, financial services, lodging, training, expert advice or assistance, safehouses, false documentation or identification, communications equipment, facilities, weapons, lethal substances, explosives, personnel, transportation, and other physical assets, except medicine or religious materials.”

  • Child support means that part of a Child Restraint System by which the child can be raised within the Child Restraint System.

  • Child support services means any civil, criminal or administrative action taken by the Division of

  • Foreign support order means a support order of a foreign tribunal.

  • Helpdesk Support means the 24x7x365 centre which shall handle Fault reporting, Trouble Ticketing and related enquiries during this contract.

  • Technical Support means the technical assistance for attempting resolution of a reported Case through error correction, patches, hot fixes, workarounds, replacement deliveries, or any other type of Product corrections or modifications.

  • Medical Child Support Order means any judgment, decree or order (including approval of a domestic relations settlement agreement) issued by a court of competent jurisdiction that:

  • Electric supplier means an entity or person certified by the Commission, including municipal corporations which choose to provide electricity outside their municipal limits (except to the extent provided prior to February 1, 1999), Broker, Marketer or other entity (including public utilities and their affiliates, e.g., Delmarva), that sells electricity to Retail Electric Customers, utilizing the Transmission and Distribution Facilities of an Electric Distribution Company.

  • Level 1 Support means qualifying and logging all Technical Support Incidents, answering technical inquiries via telephone support and email regarding the Work and performing limited diagnostic services.

  • Distribution Services means the service of distribution, as defined in section 5 of the Act;

  • Technical Support Services means the technical support and maintenance Services provided by us according to our then-current technical support policy and procedure listed at xxxxxxxxxxxxx.xxx (“Technical Support Policy”) when the Services are purchased.

  • Operations Support Systems (OSS means the suite of functions which permits CLEC to interface to the ILEC for pre-ordering, ordering, provisioning, maintenance/ repair and billing as described in the Attachment 07 – Operations Support Systems (OSS) herein.

  • Qualified Medical Child Support Order means a Medical Child Support Order which creates (including assignment of rights) or recognizes an Alternate Recipient's right to receive benefits to which a Participant or Qualified Beneficiary is eligible under this Plan, and has been determined by the Plan Administrator to meet the qualification requirements as outlined under “Procedures” of this provision.

  • Level 3 Support means, with the use of backup engineering and technical support staff, isolating Defects and developing Defect corrections including, without limitation, Upgrades.