Sentences with phrase «revolving loan fund»

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.

Governor Paterson Announces $ 25 Million in Small Business Revolving Loan Fund Allocations Throughout State Thursday November 18, 2010 at 03:28 pm

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.

The remaining local project costs are largely financed through the Federal State Revolving Loan Fund administered by the state Environmental Facilities Corp..

Empire State Development administers the BBF grant and revolving loan fund for Transit Oriented Development projects that emphasize growth within existing corridors and encourage alternative transportation and walkability.

The following statements were provided in support of the Small Business Revolving Loan Fund allocations:

Charter School Revolving Loan Fund (CSRLF) * General information about the CSRLF and guidance for loan recipients.

Helped eight charter schools begin operations, renovate or expand through the use of $ 1.4 million in revolving loan funds.

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.

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.

The 20 organizations who received awards today through the Small Business Revolving Loan Fund include:

The Job Development Program Revolving Loan Fund (JDP) is administered by Rensselaer County's Economic Development and Planning Office.

Since its inception in 1995, the EPA's brownfields program has awarded 1,895 assessment grants totaling $ 447.6 million, 279 revolving loan fund grants totaling $ 273.1 million and 752 cleanup grants totaling $ 140.8 million.

That is why is it offering congregations a zero - interest revolving loan fund (up to $ 15,000, payback is 10 years) to help congregations #putsolaronit.

The E.F.C. is scheduled to vote today on a $ 511 million low - interest loan from the Clean Water State Revolving Loan Fund to the New York State Thruway Authority for the bridge project.

Amends the Small Business Revolving Loan Fund to allow MWBEs and other small businesses that receive loans to also be eligible to accept short - term financing loans provided under a new section eleven.

Additionally, HB5918 increases the per pupil funding in the State Charter Schools Revolving Loan Fund to $ 750.

This might be true to support a revolving loan fund (sometimes erroneously called a «bank») that will require re-appropriations to expand.

Through this program, the State will establish a revolving loan fund for homeowners and small business owners who will be able to pay back loans from the savings on their energy bills.

Revolving Loan Funds are a popular economic development tool, delivering high risk capital to projects that can not be financed by conventional sources.

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.

Board of Directors voted unanimously last week to approve the loan — about of which will be at 0 percent interest — despite questions raised by environmental activists and the EPA because it would come from a revolving loan fund traditionally used to pay for local governments» clean water and sewer improvement projects.

The county has restricted funding to the land bank in the past but is now providing $ 300,000 in flexible money while still restricting $ 200,000 to a revolving loan fund.

The proposal would cut a total of $ 430 million nationwide from the Clean Water State Revolving Loan Fund.

«Part of what we said was let's create a revolving loan fund for these investors who have been vented by the land bank to be able to apply for loans or lines of credits to rehab these facilities to get them back on the tax roles and moving forward,» McMahon said.

Cahill said he is concerned about the use of $ 511 million from the state Clean Water State Revolving Loan Fund to help pay for a new Tappan Zee Bridge.

Gov. Andrew Cuomo's administration wants to use money from a revolving loan fund, designed to help local governments keep their sewer and water treatment systems up to date and their drinking water clean, to instead help pay for the massive Tappan Zee Bridge replacement project.

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.

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).

ALBANY, NY (11/18/2010)(readMedia)-- Governor David A. Paterson and Empire State Development (ESD) today announced allocations from the State's new Small Business Revolving Loan Fund to community development financial institutions and other community - based lending organizations statewide.

This past July, Governor Paterson announced the creation of the Small Business Revolving Loan Fund.

F. Michael Tucker, President and CEO of the Center for Economic Growth, said: «At the recommendation of the Small Business Task Force, Governor Paterson created the Small Business Revolving Loan fund to address the needs of the small business community and promote its growth and development.

The Small Business Revolving Loan Fund will help to ease the credit burden for small businesses.

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 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 quickly.

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.

Money still remains in the clean water revolving loan fund and municipalities can still apply for the funds to repair sewers, Thruway spokesman Dan Weiller said.

Governor Cuomo's administration wants to use money from a revolving loan fund, designed to help local governments keep their sewer and water treatment systems up to date and their drinking water clean, to instead help pay for the massive Tappan Zee Bridge replacement project.

For instance, BCF turned a $ 15 million loan from the Walton Foundation into a «revolving loan fund,» explains Carroll, that «allows us to build a facility and then take out a mortgage on it.»