Examples of SRF Loan in a sentence
LT8 Goal: Continue to look for co-funding opportunities between the Brownfields Program and the SRF Loan Program.
Continue to look for co-funding opportunities between the USDA Rural Development and the SRF Loan Programs.
This cross-collateralization arrangement maximizes the security for bonds issued by the State to capitalize the SRF Loan Programs.
Participants in the SRF Pooled Loan Program are eligible for financing at the same “AAA” interest rate available to the SRF Loan Program at the time of the Participant’s loan closing.
Consistent with prior transfers, the State expects that transfers would be from funds held in its Grant Equity account or other funds held in the SRF Loan Program and that such funds would be used to generate additional lending capacity under the leverage loan structure of the DWSRF Loan Program.
Any transfer would only be made between accounts established for like purposes and subject to like restrictions in the SRF Loan Programs and would be accounted for on a cumulative net basis.
Accordingly, none of the funds presently on deposit in this account are available for other SRF Loan Program purposes except to finance closed and committed loans related to qualified Proposed Projects.
Any transfer would only be made between accounts established for like purposes and be subject to like restrictions by the SRF Loan Programs and would be accounted for on a cumulative net basis.
Because such a cross- collateralization arrangement is a contingent security concept and transfers are not expected or planned to occur, the State does not expect this arrangement to affect negatively the funding capacity of the SRF Loan Programs.
If the SRF Loan Program is funding the project in whole or in part, federal and state laws require that each employer pay, as a minimum, prevailing wages for each classification in accordance with the Federal Labor Standards Provisions (Davis-Bacon) (Exhibit C) or Montana Prevailing Wage Requirements, whichever is greater.