Development subsidies definition

Development subsidies means financial assistance provided to developers of newly constructed, single-family housing to address the added costs of constructing housing. In such cases, the total cost of development is likely to exceed the sales price or the appraised fair market value of the housing. Additional costs might include labor, materials and equipment; professional design and construction oversight costs; and required third-party energy efficiency verification and certification costs.
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Development subsidies means financial assistance provided to developers of newly constructed, single-family housing to address the added costs of constructing housing. In such cases, the total cost
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Examples of Development subsidies in a sentence

  • Development subsidies from DHCD are structured as Cash Flow Loans.

  • Development subsidies are not subject to recapture but are subject to the more restrictive resale option which is not covered in this manual.

  • Development subsidies are the difference between the cost of producing the unit and the fair market value of the unit.

  • Development subsidies may shall only be provided in addition to acquisition direct subsidies within home buyer assistance activities.

  • Research and development expenditure, netNet Research and Development expenditure comprises the costs incurred during the period, including amortization charged against capitalized development costs, less contributions received from customers in respect of development costs, sales of prototypes, research tax credits and the portion of Research and Development subsidies granted to the Group and taken to income.

  • Development subsidies may only be used when the cost of the development exceeds the appraised value.

  • Development subsidies for direct assistance to qualified Homebuyers may be offered to Developers when the cost of redevelopment is such that the home produced will not appraise for the cost to acquire and redevelop.

  • Development subsidies have an initial affordability period of at least 15 years, while rental subsidies are calculated for just one year.

  • Development subsidies claimed by recipients in amounts less than five4 thousand dollars must not be itemized as required in subdivision b.

  • University Legal Services, the P&A in Washington, D.C., advocated on behalf of two families in search of accessible apartments at a housing development financed by federal Department of Housing and Urban Development subsidies and investment tax credits.

Related to Development subsidies

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Development Project means a project for the development of land within a project area.

  • Development means any man-made change to improved or unimproved real estate, including, but not limited to, buildings or other structures, mining, dredging, filling, grading, paving, excavation or drilling operations, or storage of equipment or materials.

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • Collaborative lawyer means a lawyer who represents a party in a collaborative law process.

  • Clean coal technology demonstration project means a project using funds appropriated under the heading “Department of Energy—Clean Coal Technology,” up to a total amount of $2,500,000,000 for commercial demonstration of clean coal technology, or similar projects funded through appropriations for the Environmental Protection Agency. The federal contribution for a qualifying project shall be at least 20 percent of the total cost of the demonstration project.

  • Temporary clean coal technology demonstration project means a clean coal technology demonstration project that is operated for a period of five years or less and that complies with the SIP and other requirements necessary to attain and maintain the national ambient air quality standards during the project and after the project is terminated.

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Development Works means the external development works and internal development works on immovable property;

  • Collaboration has the meaning set forth in Section 2.1.

  • Bioassay means the determination of kinds, quantities or concentrations and, in some cases, the locations of radioactive material in the human body, whether by direct measurement, in vivo counting, or by analysis and evaluation of materials excreted or removed from the human body. For purposes of these rules, “radiobioassay” is an equivalent term.