Sentences with phrase «federal credit enhancement»
With a total of $ 28.6 million in grants, CSDC is the second largest single recipient of federal credit enhancement funding.
http://csdc.org/ Not exact matches
Utilizing a $ 10 million federal enhancement grant and a $ 100,000 contribution from the Texas Education Agency (TEA), TCEP provides credit enhancement for municipal bonds that provide financing for the acquisition, construction, repair or renovation of Texas charter school facilities (including certain refinancing of facilities debt that meet federal guidelines), by funding a debt service reserve fund for such issuances.
TIFIA direct loans can only be used to refinance: (i) interim construction financing of eligible project costs; (ii) existing Federal credit instruments for rural infrastructure projects; or (iii) long - term project obligations or Federal credit instruments if the refinancing provides additional funding capacity for the completion, enhancement, or expansion of an eligible project.
Loan - level credit enhancement can facilitate low down payment lending to creditworthy borrowers, especially when placed on mortgage loans before they are guaranteed by the federal government.