Sentences with phrase «of revolving loan funds»

For example to retrofit all buildings with PV and efficient appliances and EV changing capability could be facilitated by a combination of revolving loan funds from local revenue bonds providing loans to be repaid form the stream of saving from efficiency and renewable energy products.The measures needed will encompass the political, regulatory, technical, and financial areas.
Requires the EPA Administrator and the Secretary to provide assistance to state and local agencies for the establishment of revolving loan funds, loan guarantees, or other forms of financial assistance for REEP.
He has also served as chair of the New Paltz Clean Water and Open Space Committee, and advised village officials on the establishment of a revolving loan fund.
That includes ignoring a warning letter from the EPA that the bridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollution.
However, action at brownfields development corporation has been sparse lately, and Bradt said the county needs «new and improved» means of publicizing the program, with new brochures and guides to the use of its revolving loan fund.
The report, by the independent Authorities Budget Office, says the Cuomo Administration mishandled its attempts to use $ 500 million dollars in federal Clean Water monies to help finance work on the massive Tappan Zee Bridge reconstruction, including ignoring a warning letter from the EPA that the bridge project was an inappropriate use of the revolving loan fund, which is supposed to go to communities who need to clean up pollution.
Establishing industrial energy efficiency program funding at 0.25 % of emissions allowances until 2030; and the establishment of a Revolving Loan Fund with 1/3 of the Energy - Intensive, Trade - Exposed Industries (EITE) allocations.

Not exact matches

Pursuant to the terms of the third amended and restated limited liability company agreement of SoulCycle Holdings, LLC, dated as of 2011, EHI agreed to loan us cash on a revolving and unsecured basis to fund ongoing capital expenditures.
A line of credit is an open - ended, revolving loan that allows you to withdraw funds, repay those funds and withdraw funds again.
$ 75 million secured revolving loan facility created to fund the purchase of loans facilitated through the Prosper marketplace platform by a Victory Park - owned SPE borrower.
CrowdFund Insider Company receives a $ 1 million revolving line of credit to fund working capital loans for growing businesses 4/25/2014
Inventure entered into a new $ 60 million senior secured term loan and a new $ 30 million senior secured revolving line of credit with a syndicate of lenders led by U.S. Bank National Association pursuant to a Credit Agreement, a Security Agreement and certain other customary ancillary agreements to fund the purchase and re-pay two existing equipment term loans totaling $ 8.4 million and the existing revolving line of credit totaling $ 17.6 million as of Nov. 8.
Tensions between the Obama and Cuomo administrations date back to June, 2014, when Enck put the brakes on Cuomo's plan to use $ 500 million from a revolving loan fund devoted to clean water projects for the construction of the new Tappan Zee bridge.
In 1979, both the Department of Housing and Urban Development and the Economic Development Administration contributed money to establish the county's Regional Development Corporation Revolving Loan Fund.
The Public Authorities Control Board has approved a $ 256 million loan from a sewer revolving fund to help finance the replacement of the Tappan Zee Bridge.
In a blow to the Cuomo administration — and a big win for the environmental community — the EPA has rejected almost all of the controversial funding approved by the Environmental Facilities Corp. for projects related to building a new Tappan Zee Bridge, deeming them ineligble for funding from revolving loan fund intended to pay for clean water initiatives.
Perkins, a Manhattan lawmaker, doesn't have one of the three votes on the board that can either accept or reject the loan, which is coming from a revolving fund that has traditionally been used to pay for clean - water and sewer projects.
«The EFC Clean Water State Revolving Fund loan approved by the Thruway board of directors today will support more than $ 255 million in measures to protect the Hudson River and mitigate environmental impacts of the project.
Last week, the city officially launched the Contract Financing Loan Fund, which allows MWBEs to apply for low - interest contract financing loans of up to $ 500,000 as part of the city's new $ 10 million revolving fund for MWFund, which allows MWBEs to apply for low - interest contract financing loans of up to $ 500,000 as part of the city's new $ 10 million revolving fund for MWfund for MWBEs.
The EFC Clean Water State Revolving Fund loan approved by the Thruway board of directors on August 6 will support more than $ 255 million in measures to protect the Hudson River and mitigate environmental impacts of the project.
Buffalo and Erie County Industrial Land Development Corporation (ILDC) manages a revolving loan fund on behalf of the County of Erie.
RDC manages the revolving loan fund which was originally established with funds provided by the Federal Economic Development Administration (EDA) and Federal Department of Housing & Urban Development (HUD).
Buffalo and Erie County Regional Development Corporation (RDC) was incorporated for the purpose of encouraging the expansion of existing companies in target areas of the County of Erie by establishing an Industrial Revolving Loan Fund from which RDC makes loans to individual companies.
This past July, Governor Paterson announced the creation of the Small Business Revolving Loan Fund.
The Small Business Revolving Loan Fund will provide low - interest loan capital to alternative lenders — community development financial institutions, credit unions, and small business lending consortia — to address the small business credit crisis and get millions of dollars into the hands of small businesses quicLoan Fund will provide low - interest loan capital to alternative lenders — community development financial institutions, credit unions, and small business lending consortia — to address the small business credit crisis and get millions of dollars into the hands of small businesses quicloan capital to alternative lenders — community development financial institutions, credit unions, and small business lending consortia — to address the small business credit crisis and get millions of dollars into the hands of small businesses quickly.
-- Not later than 120 days after the date of the enactment of this section, the Secretary shall establish a program under which the Secretary shall award grants to States to establish revolving loan funds to provide loans to small and medium - sized manufacturers to finance the cost of --
-- A State receiving a grant under the Program may only use such amount of the grant for the costs of administering the revolving loan fund as the Secretary shall provide in regulations.
The revolving - loan fund will target schools with financing needs of more than $ 7 million, and the schools must have a proven track record of academic and financial success, the company said in a press release.
This bipartisan bill moves charter policy forward in Illinois by expanding potential renewal terms for high - performing charter schools and increasing the supply of start - up funding in the state revolving loan program.
Changes to the administration of the Revolving Loan program and the Charter School Facility Grant program, as well as extending charter schools» access to district surplus property for three years through 2015, will provide charter schools with greater access to facilities and facilities funding.
Helped eight charter schools begin operations, renovate or expand through the use of $ 1.4 million in revolving loan funds.
A line of credit is an open - ended, revolving loan that allows you to withdraw funds, repay those funds and withdraw funds again.
The «pot of money» that schools have to lend out under the Perkins Loan program is a revolving fund.
Also, if the loan is a fixed rate, funds submitted for prepayment can not be re-borrowed at any point during the life of the loan, and the revolving credit feature does not apply.
As a revolving loan fund, such investments provide financial returns to the investor and the community by providing a continuous flow of capital.
By way of a revolving fund, colleges and universities invest millions of dollars so that future students will also have access to the student loans.
Our secured lines of credit feature revolving loan terms with annual renewal, no cash advance fees and no interest charges until you use the funds.
HB 560 establishes a revolving fund to provide no - interest loans to any locality, school division, or public institution of higher education for energy conservation or efficiency projects.
(Sec. 246) Amends the National Institute of Standards and Technology Act to require the Secretary to establish a program for awarding grants to states to establish revolving loan funds to provide loans to small and medium - sized manufacturers to finance the cost of: (1) reequipping, expanding, or establishing a manufacturing facility in the United States to produce clean energy technology products, energy efficient products, or integral component parts of such technology or products; and (2) reducing the energy intensity or GHG production of a manufacturing facility.
Subtitle G: Diesel Emissions Reduction -(Sec. 792) Instructs the Administrator of the Environmental Protection Agency to use: (1) 70 % of certain allocated funds to provide grants and low - cost revolving loans on a competitive basis to eligible entities to achieve prescribed reductions in diesel emissions; and (2) 30 % of certain allocated funds to support grant and loan programs administered by states that are designed to achieve similar diesel emission reductions.
The Bronx Environmental Revolving Loan Fund is designed to provide zero interest loans to Bronx businesses and building owners that implement energy efficient measures and / or new technology, which improves the air quality of our borough.
Infrastructure Ontario funds its loan program primarily from a short term revolving credit facility with the Province of Ontario and long term bullet and floating rate notes issued to the province of Ontario or its agencies.
Macomb County Public Works Commissioner (CTI Inc.), St. Clair Shores • MI 3/2007 — 3/2009 Chapaton Retention Treatment Basin Pump Station Refurbishment Project Manager Managed refurbishment of three storm water pumps with 250,000 GPM and 2750 HP through financial assistance from the State Revolving Loan Funds.
Prepared project plans to obtain financial assistance from the State Revolving Loan Fund and Energy Efficient Grant through U.S. Department of Energy.
On top of that, he adds, borrowers who make a good - faith effort to meet their obligations can typically get short - term financial help through revolving loan funds.
To achieve these goals, Invest Atlanta leverages the benefits of bond financing, revolving loan funds, housing financing, tax increment financing (TIF), and tax credits.
Initial funding for the transaction will be provided by Kimco's $ 500 million revolving credit facility, or other interim loan facilities, to allow for an orderly segregation of the properties.
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