Sentences with phrase «purpose of this loan program»

The purpose of this loan program is to enable eligible low and moderate income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence.
The purpose of this loan program is to enable eligible low - and moderate - income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence.

Not exact matches

The CAPLines program allows you to borrow money working capital needs and other purposes, with up to 85 % of the loan guaranteed by the SBA.
For the purposes of the Public Service Loan Forgiveness Program, not - for - profit organizations that are not tax - exempt under Section 501 (c)(3) of the Internal Revenue Code are considered qualifying...
The purpose of this request is to provide the Lender with information to make recommendations regarding a loan program (s).
Furthermore, under the general welfare provision of the Constitution, the Federal Government offers financial assistance to states and local communities for a variety of educational purposes, ranging from subsidies for school lunch programs to salaries for teachers of agriculture and loans for school building construction.
The second loan agreement of 13 million euros (approximately 56 million Ghana cedis) will increase the performance of the Ghana Audit Service (GAS) to ensure that all financial resources are fully spent for the purpose of planned programs and development activities.
-- Loans of allowances, or the proceeds from the sale of allowances, may be provided, interest on commercial loans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal GovernLoans of allowances, or the proceeds from the sale of allowances, may be provided, interest on commercial loans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal Governloans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal Government.
The purpose of the National Institutes of Health (NIH) Loan Repayment Programs (LRPs) is to attract and retain promising early - stage investigators in research careers by helping them to repay their student loans.
The DOE collects information from states on teacher shortages for the purposes of its loan forgiveness and TEACH grant programs.
These schools are qualifying schools for the purposes of this loan forgiveness program, even if they are not listed in the Low - Income School Directory.
While the primary purpose of the program is to help charter schools, «Finance school building projects, including the construction, purchase, extension, replacement, renovation or major alteration of a building to be used for public school purposes,» the law does allow charter school companies to seek grants to, «Repay debt incurred for school building projects, including paying outstanding principal on loans which have been incurred for school building projects.»
(c) The sum of $ 500,000 appropriated in section 67 of public act 11 - 61 to the Department of Education, for OPEN Choice Program, for the fiscal year ending June 30, 2012, shall not lapse on June 30, 2012, and such funds shall continue to be available for the purpose of funding a loan to the city of Bridgeport to be included in the budgeted appropriation for education for the fiscal year ending June 30, 2012, for the city of Bridgeport during the fiscal year ending June 30, 2013.
Specific provisions included scholarships and loans to students in higher education, with loans to students preparing to be teachers and to those who showed promise in the curricular areas of mathematics, science, engineering, and modern foreign languages; grants to states for programs in mathematics, science, and modern foreign languages in public schools; the establishment of centres to expand and improve the teaching of languages; help to graduate students, including fellowships for doctoral students to prepare them to be professors at institutions of higher learning; assistance for the improvement of guidance, counseling, and testing programs; provisions for research and experimentation in the use of television, radio, motion pictures, and related media for educational purposes; and the improvement of statistical services at the state level.
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).
The purpose of the USDA farm loan programs is to provide farmers and ranchers the ability to start, improve, expand or strengthen family farming and ranching operations and to provide credit opportunities to underserved or diverse groups.
If you remain enrolled in your program at Zenith and the U.S. Department of Education (ED) continues to approve the Zenith teach - out school for federal student aid purposes, there is no impact on your student loans and Pell Grant funds for which you qualify.
For the purposes of the Teacher Loan Forgiveness Program, full - time employment as a teacher is determined by the state's standard.
The purpose of this program is to provide loan repayment assistance to a select number of our graduates who are pursuing careers in public service.
Our team of 2nd mortgage lenders provides a wide variety of second loan programs for various purposes like home rehabilitation and debt consolidation.
The main purpose of the VA home loan program is to help veterans finance the purchase of homes with favorable loan terms and at a rate of interest which is competitive with the rate charged on other type of mortgage loans.
If my school closes and I then enroll (either through a teach - out plan or by transferring academic credits or hours earned from the closed school) in a comparable program at another school for the purpose of completing the program for which a loan was made at the closed school, can I still receive a discharge?
If I enroll (by transferring academic credits or hours earned from my closed school) in a comparable program at another school for the purpose of completing the program for which a loan was made at my closed school, can I still receive a closed school loan discharge?
The purpose of the VA loan program is to help our nation's veterans obtain adequate housing on better terms than they could get anywhere else.
The Liberals» first budget offered a new tool for the Canada Revenue Agency in its collection efforts: legal changes allowing it to use tax information for the purpose of collecting debts from the student loan program overseen by Employment and Social Development Canada.
Your eligibility depends on whether or not you have loans under the Federal Direct Loan Program, whether or not you are considered a «new borrower» (for the purposes of this program, a «new borrower» is defined as someone who both did not owe any money on any federal student loans as of October 1, 2007, and also received a disbursement of a Direct Loan on or after October 1, 2011), and being able to demonstrate partial financial haProgram, whether or not you are considered a «new borrower» (for the purposes of this program, a «new borrower» is defined as someone who both did not owe any money on any federal student loans as of October 1, 2007, and also received a disbursement of a Direct Loan on or after October 1, 2011), and being able to demonstrate partial financial haprogram, a «new borrower» is defined as someone who both did not owe any money on any federal student loans as of October 1, 2007, and also received a disbursement of a Direct Loan on or after October 1, 2011), and being able to demonstrate partial financial hardship.
The form asks for detailed information about the applicant, the degree program, citizenship status, the loan amount being requested, and the purpose of the loan.
The entire purpose of the federal student loan program is to provide money to students to pay for tuition, books as well as other necessities such as rent and food.
Quite simply, the purpose of seeking a private student loan consolidation program is to make the job of repaying college debts easier for the borrower.
This program provides repayment of the loan principal as well as reasonable interest accrued on federal loans taken out for teacher education purposes.
There are a handful of private equity companies advertising third mortgage loan programs for the purposes of cash out, real estate investments, and much more.
The main purpose of the VA home loan program is to help veterans finance the purchase of a home with favorable loan terms and a competitive interest rate when compared to other mortgage loan programs.
Any interest that accrues on those loans or that is subsequently capitalized is not considered loan debt for the purpose of calculating a program's D / E rates.
In calculating the annual loan payment for the purpose of the D / E rates measure, a 10 - year amortization period would be used for certificate and associate degree programs, 15 years for bachelor's and master's degree programs, and 20 years for doctoral and first professional degree programs.
The purpose of the Regents Physician Loan Forgiveness Award Program is to increase the number of physicians practicing in areas of New York State designated by the New York State Board of Regents as having a shortage of physicians.
If you get approved for an FHA loan with a score below 580, you'll be required to put at least 10 % down (which sort of defeats the purpose of using the FHA program).
The SBA offers a variety of loan programs for very specific purposes.
The SBA does not engage in direct lending The SBA offers a variety of loan programs for very specific purposes.
The purpose of the program is to provide legal educational loan repayment assistance in exchange for public service to low income or underserved residents in New Mexico.
The purpose of the program is to strengthen legal aid service and assistance to the poor by providing loan repayment assistance to attorneys.
Our trap loan program is NOT to be used to capture any owned cat, or for any other unlawful purpose.The trap shall only be used for the purpose of spay / neuter procedures or other necessary medical treatment of a FERAL cat.
The purpose of this program is to loan traps to individuals who participate in TNR (Trap, Neuter and Return).
Requires the EPA Administrator to establish a SmartWay Financing Program to competitively award funding to enable eligible entities to: (1) use funds awarded to provide flexible loan and lease terms that increase approval rates or lower the costs of loans and leases; and (2) make such loans and leases available to entities for the purpose of adopting low - GHG technologies or strategies for the mobile source sector.
(Sec. 128) Amends the Energy Policy Act of 2005 to include: (1) American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands within the definition of «state» for the purposes of the diesel emissions reduction program; and (2) the construction of pipelines for renewable fuels within the loan guarantee program.
-- Loans of allowances, or the proceeds from the sale of allowances, may be provided, interest on commercial loans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal GovernLoans of allowances, or the proceeds from the sale of allowances, may be provided, interest on commercial loans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal Governloans may be subsidized at an interest rate as low as zero, and other credit support may be provided to support programs authorized to use SEED Account allowance value or any other renewable energy or energy efficiency purpose authorized or approved by the Federal Government.
This cash value can be counted as an asset on the balance sheet and used for a variety of business purposes such as meeting cash flow needs, collateral for securing a loan or supplementing retirement programs.
«The Section 223 (a)(7) program is an expedited way for a borrower who already has a HUD - insured loan to refinance its loan for the purpose of lowering the interest rate,» said Betsy Bartanian, head of Greystone's FHA business.
In addition to Medicaid, these include single - purpose loan programs directed toward home repair and property taxes that are offered by many states and municipalities; and a variety of services offered through the Aging Network, such as senior centers, in - home care and nutrition support that are financed by the federal government.
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