Sentences with phrase «loan guarantee programs in»

A string of new nuclear plants were being planned and there were loan guarantee programs in place from the federal government to make their construction possible.
This is in addition to including the total Federal awards expended for loan or loan guarantee programs in the schedule.
Congress created the VA Home Loan Guarantee Program in 1944 to help returning service members achieve the dream of home ownership.
The U.S. Department of Veterans Affairs created a military serviceperson loan guarantee program in 1944 to enable active and returning military service members & their surviving spouses to purchase homes in cases where private financing is not generally available and help our service members realize the dream of home - ownership with no down - payment.

Not exact matches

These are the SBA's flagship 7 (a) loan program, which gives 5,000 banks participating in the program access to loan guarantees by the federal government.
The other option is SBA - guaranteed loans, which come in two forms: the 7 (a) program and the 504 program.
The Export Working Capital Program (EWCP) guarantees loans for qualified small businesses engaged in export transactions.
The commission recommended several reforms including reforming civilian and military retirement programs, reducing agricultural program spending, eliminating in - school subsidies in federal student loan programs, and giving the Pension Benefit Guarantee Corporation the authority to increase premiums.
The SBA is a federal agency that promotes small business ownership in a variety of ways, including their loan guarantee program.
In order to be eligible for the Army's Loan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmenIn order to be eligible for the Army's Loan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmLoan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmenin the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmloan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmenin a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollment.
Not all banks participate in the SBA loan guarantee program, so if you're looking for an SBA loan, you can start your search with SBA.gov to find the SBA lenders in your area.
Citigroup received the largest taxpayer bailout in the history of finance from 2008 through 2010: $ 45 billion in Troubled Asset Relief Program (TARP) funds; over $ 300 billion in asset guarantees; and more than $ 2 trillion in low cost loans.
The program is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA cprogram is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA charLoan Program, or the «Section 502 loan», named for its place in the USDA cProgram, or the «Section 502 loan», named for its place in the USDA charloan», named for its place in the USDA charter.
The U.S. Department of Veterans Affairs has guaranteed more than 20 million home loans since the VA Loan program was launched in 1944 as part of a program for returning World War II veterans.
Garrett, who lost his bid for re-election in 2016, is part of the wing of the Republican Party that sees the Ex-Im Bank's loan, insurance and guarantee programs as corporate welfare that mainly benefits large companies.
They voted for cuts in Energy Department programs that guaranteed loans for production of clean cars and the use of solar energy technology.
The model produces different jobs and growth projections for a business - as - usual scenario with no technology breakthroughs or major new policies, and then generates different outcomes by factoring in new policies such as a national clean energy standards such as proposed by President Obama; increases in corporate average fuel economy standards; tougher environmental controls on coal - fired power generators; extended investment and production tax credits for clean energy sources and an expanded federal energy loan guarantee program.
He pointed to the agency's program on technology loan guarantees, which has in the past proved too short - staffed to monitor the loans it makes.
Loan means a Federal loan or loan guarantee received or administered by a non-Federal entity, except as used in the definition of § 200.80 Program incLoan means a Federal loan or loan guarantee received or administered by a non-Federal entity, except as used in the definition of § 200.80 Program incloan or loan guarantee received or administered by a non-Federal entity, except as used in the definition of § 200.80 Program incloan guarantee received or administered by a non-Federal entity, except as used in the definition of § 200.80 Program income.
(5) For loan or loan guarantee programs described in § 200.502 Basis for determining Federal awards expended, paragraph (b), identify in the notes to the schedule the balances outstanding at the end of the audit period.
For instance, charter schools in rural areas are eligible for loan guarantees under a U.S. Department of Agriculture program.
So in 1965, Congress opted to move the program to the private banking sector, where the federal government guaranteed the loans but any federal payments on the defaults would be several years down the line.
According to Public Works Financing, the collapse of Abengoa would also deal a blow to the Obama administration's clean energy program, since «starting in 2010, the U.S. Department of Energy provided Abengoa with loan guarantees and grants to support $ 4 billion in financing for two utility scale solar power projects in Arizona and California.»
In addition to direct loans and loan guarantees, the TIFIA Program also offers lines of credit.
While some provisions appear solely in one or the other, the DOT will harmonize the requirements among the two Credit Programs with respect to loan guarantees and guaranteed lenders.
In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).
Freight projects are also eligible for the Railroad Rehabilitation & Improvement Financing (RRIF) program which provides up to $ 35 billion in loans and loan guarantees.
In addition to providing comprehensive small business bank accounts and merchant services, the bank is the most active participant in the Small Business Administration's 7 (a) program for government - guaranteed loanIn addition to providing comprehensive small business bank accounts and merchant services, the bank is the most active participant in the Small Business Administration's 7 (a) program for government - guaranteed loanin the Small Business Administration's 7 (a) program for government - guaranteed loans.
This is the only loan program offered by the SBA where the administration lends directly to borrowers (in almost all other cases, the SBA just guarantees loans that other lenders make).
The program is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA cprogram is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA charLoan Program, or the «Section 502 loan», named for its place in the USDA cProgram, or the «Section 502 loan», named for its place in the USDA charloan», named for its place in the USDA charter.
Sometimes called Rural Housing Loan this is a program guaranteed by United States Department of Agriculture for a buyer's primary residence in a qualified USDA area who meets USDA income eligibility requirements.
In order to be eligible for the Army's Loan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmenIn order to be eligible for the Army's Loan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmLoan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmenin the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmloan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmenin a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollment.
So, if you want a home now, contact some lenders in your area to see if you qualify for a guaranteed loan program, such as these:
Prohibits guarantee agencies from discriminating by charging additional costs or denying benefits to schools and lenders because of their failure to participate in the guarantee agency's programs or to deliver a specified volume of loans or loan applications or to put a lender that uses the guarantee agency on the school's preferred lender list.
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§ Not be in default on any federal guaranteed educational loan, nor owe a refund on any scholarship or grant program administered by the Illinois Student Assistance Commission (ISAC)
However, this program is almost never used: in 2008, USDA made or guaranteed just 9 loans in Texas.
The income limits for the USDA Single Family Housing Guaranteed Loan Program were recently updated and increased for new mortgages originated in 2017.
In addition, the Farm Credit System, a network of customer - owned cooperatives throughout the U.S., issues FSA - backed loans in its guaranteed loan prograIn addition, the Farm Credit System, a network of customer - owned cooperatives throughout the U.S., issues FSA - backed loans in its guaranteed loan prograin its guaranteed loan program.
More than 705,474 home loans were guaranteed by the VA in 2016, the most in the history of the program.
They are on the hook for the trillions in GSE guarantees, as well as the other federal programs, like the home loan bank boards.
USDA home loans come in two varieties — the Guarantee program, in which private lenders fund the mortgages at market interest rates, and the Direct program, in which the government itself lends the money at below - market rates.
The program provides a 90 % loan note guarantee to approved lenders in order to reduce the risk of extending 100 % loans to eligible rural homebuyers.
They're run by Freddie Mac and Fannie Mae, two government programs that guarantee most home loans in the United States.
(8) for an educational benefit overpayment or loan made, insured or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or nonprofit institution, or for an obligation to repay funds received as an educational benefit, scholarship or stipend, unless excepting such debt from discharge under this paragraph will impose an undue hardship on the debtor and the debtor's dependents;
Because the Veterans Administration doesn't actually extend loans, but merely guarantees them, you need to apply for a veteran's house mortgage through a lender that participates in the VA home loan program.
L. 96 — 56 substituted «for an educational loan made, insured, or guaranteed by a governmental unit, or made under any program funded in whole or in part by a governmental unit or a nonprofit institution of higher education» for «to a governmental unit, or a nonprofit institution of higher education, for an educational loan» in the provisions preceding subpar.
In 2010, the government ended the program of third - party lenders making government guaranteed loans.
It is Debtor's understanding that pursuant to recent changes in law, the original lenders of the Federally Guaranteed Student Loans listed in Paragraph 7 transferred some or all of their holdings of Debtor's obligations to: a. Ed Financial b. Federal Loan Servicing c. Nelnet / TPD Servicing d. Uni ted Student Aid Funds, Inc. e. Illinois Designated Account Purchase Program (IDAPP)
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