Grameen Shakti, for example, is a rural - based renewable energy company in Bangladesh that was able to provide loans to customers at preferential rates through
loan subsidies provided by the Bangladesh Infrastructure Development Company.
Not exact matches
But even with the lower cap, we think we will be able to
provide the
loans and
loan subsidies through the end of the year without rationing or slowdown.
Funding for the approximately $ 40 million redevelopment project comes from several sources including: New York State Homes and Community Renewal's Housing Finance Agency (HFA)
provided $ 20.73 million of tax - exempt bond financing, a $ 5.27 million New Construction Capital Program low interest
subsidy; HFA Middle Income Housing Program
loan of $ 2.76 million and a 4 percent Low Income Housing Tax Credit annual allocation of just over $ 1 million which leverages nearly $ 10 million of Low Income Housing Tax Credit equity.
The program shall be used to
provide funds, through Literary Fund
loans and
subsidies, and through VPSA bond sales, to fund a portion of the projects on the First or Second Literary Fund Waiting List, or other critical projects which may receive priority placement on the First or Second Literary Fund Waiting List by the Department of Education.
This 80 bp is the interest rate
subsidy provided to
loans purchasable by Fannie Mae.
REPAYE also
provides an interest
subsidy payment to borrowers in cases where payments under the REPAYE plan can not keep up with accrued interest on the student
loans.
Annual variations in the
subsidy rate are largely due to the relationship between the OMB -
provided discount rate that drives the Government's borrowing rate and the interest rate at which borrowers repay their
loans.
First of all, if you had subsidized federal
loans (the kind where the government pays your
loan interest for you when you're in school), for the first three years that you're on the Pay As You Earn plan, the government will continue
providing an interest
subsidy.
The FTHB Program
provides down payment assistance in the form of a
loan, the maximum amount of which may not exceed the lesser of the maximum HOME
subsidy limit, 20 percent of the purchase price, or the amount needed as determined by underwriting criteria.
Other incentives from the city include a $ 6.7 million
loan, $ 1.4 million in Low Income Housing Tax Credits and $ 650,000 from the Low Income Housing Trust Fund, which
provides rental
subsidies to landlords who rent to low - income tenants.
Under the HUD exemption, lenders need not
provide the RESPA GFE and RESPA settlement statement when six prerequisites are satisfied: (1) The
loan is secured by a subordinate lien; (2) the
loan's purpose is to finance downpayment, closing costs, or similar homebuyer assistance, such as principal or interest
subsidies, property rehabilitation assistance, energy efficiency assistance, or foreclosure avoidance or prevention; (3) interest is not charged on the
loan; (4) repayment of the
loan is forgiven or deferred subject to specified conditions; (5) total settlement costs do not exceed one percent of the
loan amount and are limited to fees for recordation, application, and housing counseling; and (6) the
loan recipient is
provided at or before settlement with a written disclosure of the
loan terms, repayment conditions, and costs of the
loan.