Examples of Underserved Rural Area in a sentence
The purpose of the CMF is to attract private capital for and increase investment in the Development, Preservation, Rehabilitation, or Purchase of Affordable Housing for primarily Extremely Low-Income, Very Low-Income, and Low-Income Families, as well as Economic Development Activities, which, In Conjunction With Affordable Housing Activities, implement a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area.
The purpose of the CMF is to attract private capital for and increase investment in the Development, Preservation, Rehabilitation, or Purchase of Affordable Housing for primarily Extremely Low-Income, Very Low- Income, and Low-Income Families, as well as Economic Development Activities, which, In Conjunction With Affordable Housing Activities, implement a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area.
One commentator suggested that the proposed rule revise the definition of Underserved Rural Area to include rural areas that are eligible for USDA housing.
CDFI Fund Response: The proposedrule adopts a definition of Non- Metropolitan Area, which includes rural areas, at 12 CFR 1807.104(mm) and a definition of Underserved Rural Area at 12 CFR 1807.104(ccc).
The CDFI Fund received comments on the definition of Underserved Rural Area.
What information or documentation must be submitted in the Application? Economic Development Activities (EDA) are intended to help stabilize or revitalize a Low-Income Area or Underserved Rural Area, create jobs, or develop facilities that will provide services to Low-Income families.
The Group were advised that, in accordance with MEPC/BLG guidance, the income available will continue to be used to maintain the expertise levels required for EHS Working Group meetings and to support the activities and objectives of the Group in line with the Terms of Reference set by GESAMP.
Other suggestions included using: all non-MSA or HUD Fair Market Rent areas; the new Rural-Urban Commuting Area Codes definition established by the Office of Rural Health Policy; or the 2008 Farm Bill definition of Substantially Underserved Trust Areas.The CDFI Fund’s Response: The CDFI Fund has adopted the definition of Underserved Rural Area that is forth in section 1808.102 of the interim rule.
Narrative – 5,000 character limit By definition, Economic Development Activities must be implemented In Conjunction With Affordable Housing Activities to implement a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area.
The oceans are currently taking up more than 90% of the additional energy accumulated in the climate system as a result of rising greenhouse gas emissions.