Distressed Community definition

Distressed Community means a community that the Applicant demonstrates to be any one or more of the following:
Distressed Community means a geo- graphic community which meets the minimum area eligibility requirements specified in § 1806.200, and such addi- tional criteria as may be set forth in the applicable NOFA;
Distressed Community means as defined in R.I. Gen. Laws § 45-13-12.

Examples of Distressed Community in a sentence

  • Severely Economically Distressed Community The following table provides the website addresses where the publicly available information on county-level economic data including per capita income, poverty rate, and unemployment levels can be found.

  • Financial Service Activities must be provided by the Applicant to Eligible Residents or enterprises that are located in a Distressed Community.

  • Leverage loans used in New Markets Tax Credit structured transactions that meet the requirements outlined in this NOFA are considered Distressed Community Financing Activities.

  • For such transactions, Applicants must provide a separate narrative, or other information, to demonstrate that the proposed project offers, or significantly enhances the quality of, a facility or service not currently provided to the Distressed Community.

  • Act 47 Distressed Community – Approved distressed municipality under Act 47, Financially Distressed Municipalities Act of 1987.


More Definitions of Distressed Community

Distressed Community means: (a) A county that has an unemployment rate that is twenty percent above the state average for the immediately previous three years; (b) an area within a county that the department determines to be a low-income community, using as guidance the low-income community designations under the community development financial institutions fund's new markets tax credit program of the United States department of the treasury; or (c) a school district in which at least fifty percent of local elementary students receive free and reduced-price meals.
Distressed Community means ageographic community which meets the minimum area eligibility requirements specified in § 1806.200;
Distressed Community means a census tract, or defined por- tion thereof, that, according to the most recent census data available, has
Distressed Community means: (a) A county that has an
Distressed Community means a geographic community which meets the minimum area eligibility requirements specified in § 1806.200, and such additional criteria as may be set forth in the applicable NOFA;
Distressed Community means any population
Distressed Community means a community that meets the affordability criteria for dis- tressed communities established by the State of Washington, if the criteria are es- tablished after public review and comment.