Sentences with phrase «during construction period»

These loans allow homeowners to lock their rate during construction period — one loan, one closing.
Assignments are sold by the builder to an interested buyer during the construction period or at another point before the condo can be officially registered, land ownership can be legally transferred and the sale closed.
This is because the lender doesn't have the completed house as collateral to back the loan during the construction period.
Representation of developer in development of $ 150,000,000 worth of restaurant properties, including negotiation of purchase agreements and / or ground leases, performance / resolution of intensive due diligence, negotiation of construction contracts, closing of transactions and provision of ancillary services during construction period.
• Providing incentives to bidders to make sure OC Transpo's transit system isn't dramatically affected during the construction period;
celebration of the 50th anniversary will ensure that the Studio Museum remains a vital presence in Harlem and throughout the art world during the construction period.
The event raised over $ 2.3 million in support of the Museum's annual operating costs, including inHarlem, a set of innovative and collaborative programs throughout the neighborhood that will ramp up in 2018 to create a «museum without walls» during the construction period.
There are no payment requirements during the construction period.
During the construction period, you will be making interest - only payments on whatever amount has been drawn by the builder (generally during the first 12 months).
Second, for properties under construction, tax rules allow for deductions of the interest paid on the loan during the construction period in 5 annual installments post construction.
If it is going to be FY 2017, then in case if the builder does not complete the construction by March 2018, then will I be eligible for only Rs 30,000 deduction every year during the construction period or only for the third year?
During the construction period, you will usually make interest only payments to the lender, based on the amount you have used (drawn) so far.
Up to 12 months interest only payments during construction period.
Enjoy interest - only payments during the construction period, up to 12 months; amortizing payments begin after construction period ends
We sold the property in 2015 in less than 3 years during construction period itself; upon considering Bank Interest as Cost of Acquisition of Asset — it turned out to be Short Term Loss.
During the construction period, JPMorgan Chase Bank, N.A is providing a letter of credit, including interest, in the amount of $ 15,716,038.
During the construction period, the island will remain open to the public on weekends and holiday Mondays in the 2012 - 13 public access -LSB-...]
During the construction period, people are employed as well.
The «initial site set - up phase» map below shows the new access routes for the sports complex during our construction period.
Expertise lies in the financial and material management of design and development projects, from procuring resources during the planning stages, to subcontracting jobs to third parties, to coordinating with local transportation authorities during construction periods.

Not exact matches

Construction of the new headquarters will create more than 8,000 jobs during the development period, JPMorgan said.
During the five - year period to 2019, rising demand from the transportation, mining, and construction sectors is expected to help industry revenue grow, to $ 39.2 billion.
What's more, up to 4,500 jobs will be created during the peak construction period.
«JGC and Fluor will be responsible for directly hiring the majority of the thousands of skilled workers required during the five - year construction period,» Pierce said.
Our findings are based on a subset of the approximately 80 Japanese company engagements we conducted during that period, focusing on 28 issuers across four industries: Construction; Banking; Retail; and Information Technology.
This was a result of several factors: solid business investment in the second half of the year, some further growth in housing construction, and particularly strong growth in household spending during this period.
During the first three months of this year, construction spending was 5.5 percent above the same period in 2017.
The reception entrance has a ramp from the car park (newly laid tarmac during our Phase 1 construction period), however the two automated doors leading directly to the reception desk are currently being refurbished.
During this period rail infrastructure will see growth by almost 80 per cent and construction of energy related projects by a massive 200 per cent.
2) It is not accidental that these developments were supported by international reaction, that socialist construction, especially during the period of the abolition of capitalist relations and of the founding of socialism, up until the Second World War, concentrates the ideological and political wrath of international imperialism.
This is the view of the Greek Communist Party in a nutshell, as presented in the 18th congress (2009): «Resolution on Socialism - Assessments and conclusions on socialist construction during the 20th century, focusing on the USSR», after a 16 - year study on the economic model of USSR and the historical period it existed.
The unexpended balance of each appropriation, less the commitments outstanding at the close of the fiscal year for which it was made, shall lapse at the close of such fiscal year; provided that nothing herein contained shall be construed to require the lapsing of appropriations which may be or are required to be made for an indefinite period or which include state refunds, allocations or grants applicable to said appropriations pursuant to any other provisions of law; and provided further that nothing herein shall be construed to prevent the making of appropriations or contracts for the construction of permanent public improvements or works not to be completed during the fiscal year, or the acquisition of property therefor, or the establishment of bond or capital accounts, sinking funds or reserve funds, and each such appropriation, account or fund shall continue in force until the purpose for which it was made shall have been accomplished or shall have been abandoned by a two thirds vote of the County Legislature.
The Islanders plan to build a new arena at Belmont Park but will play 60 games at the Coliseum during the three - year construction and environmental review period.
Limited liability companies, corporations and individuals linked to Tully Construction gave the governor $ 136,500 during his first term, and the $ 75,100 it donated in the first 200 days of his second (which began on Jan. 1, 2015) was enough to make it his third largest donor during the period under examination.
With the company gaining access to the factory, the Buffalo Billion's signature program will begin the shift from its construction phase to a period where SolarCity begins to get the plant ready to begin producing solar panels sometime during the spring.
The bill authorizes the Federal Energy Regulatory Commission to extend the time period during which the licensee is required to commence construction for up to four two - year periods.
The odds of our discovering a civilization during that short period in its history lay not be good enough to justify the construction of a system such as Cyclops.
If a plant runs $ 5 billion in «overnight» costs and the money is spent over five years, interest on capital during the period of construction — the utility's version of a home builder's construction loan — could add hundreds of millions or even billions of dollars.
A much broader perspective is needed than your memory and a few pictures during one lodge construction period.
During this period, the further construction and testing of the whole array will continue in parallel.
(c) The Secretary is also authorized to make grants to assist in the initial staffing of any public or nonprofit REHABILITATION facility constructed after the date of enactment of this section (whether or not such construction was financed with the aid of a grant under this section) by covering part of the costs (determined in accordance with regulations the Secretary shall prescribe) of compensation of professional or technical personnel of such facility during the period beginning with the commencement of the operation of such facility and ending with the close of four years and three months after the month in which such operation commenced.
However, borrowers using the Standard 203k can add up to six months of mortgage payments to their construction loan for the period during which the home is uninhabitable.
Dear Mahima, 1 — No. 2 & 3 — I believe that no tax benefit can be claimed for the period before completion, unlike a home loan where interest charged during the under - construction period can be claimed in five years, post completion, subject to the overall limit.
So, the total interest paid during under construction period is Rs 1,40,000 (Rs 60k + Rs 80k).
This report indicated that during the period between 2006 and 2011 residential construction growth increased by 13 %.
Payments are interest - only during the entire construction period, and when building is complete, your construction financing is simply rolled into your mortgage.
Vessel utilization for its saturation diving vessels and construction barges — its two most profitable asset classes — declined significantly during 2010 as compared to the same period in 2009 (from the June 30 10Q):
The Doyle Drive project will involve three to four years of heavy construction to improve seismic, structural and traffic safety of the highway, and during this period it will not be possible for the Center to operate the facility and programs effectively due to the close proximity to the construction area.
The road will be closed for bridge construction (with no access to or from the parking lot) during the following periods:
During the Late Preclassic period (300 B.C. - 300 A.D.) at Cerros, archaeologists have found evidence of large scale construction of public architecture.
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