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

  • Borrower shall promptly notify the County upon ▇▇▇▇▇▇▇▇'s discovery that ▇▇▇▇▇▇▇▇'s rental income and other Development subsidies are insufficient to pay for any or all operating expenses incurred by the Borrower in connection with the operations of the Development.

Related to Development subsidies

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Development Plans has the meaning set forth in Section 3.2.

  • Commercialization or “Commercialize” means any and all activities undertaken at any time for a particular Licensed Product and that relate to the manufacturing, marketing, promoting, distributing, importing or exporting for sale, offering for sale, and selling of the Licensed Product, and interacting with Regulatory Authorities regarding the foregoing.

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • Development Activities means those Development activities undertaken by or on behalf of a Party or its Affiliates with respect to the Product in the Field.