Economic Development Activity definition

Economic Development Activity means the development, preservation, rehabilitation, or purchase of Commu- nity Service Facilities and/or other physical structures in which neighbor- hood-based businesses operate which, In Conjunction With Affordable Hous- ing Activities, implements a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area;
Economic Development Activity means the Development, Preservation, Rehabilitation, or Purchase of Community Service Facilities and/or other physical structures in which neighborhood-based businesses operate which, In Conjunction With Affordable Housing Activities, implements a Concerted Strategy to stabilize or revitalize a Low-Income Area or Underserved Rural Area;
Economic Development Activity or "economic development" shall mean any structure of facility or any development within the Port District in connection with manufacturing, port-oriented development, foreign trade zone site development or research, commercial, industrial or recreational purposes, or for purposes of warehousing or consumer and supporting services directly relating to any of the foregoing or to any authority project or facility which are required for the sound economic development of the Port District.

Examples of Economic Development Activity in a sentence

  • No documentation is required to be submitted with the Application, but the Concerted Strategy and how the Economic Development Activity will be financed “In Conjunction With” Affordable Housing should be described in the strategy section of the Application.

  • Funds are considered disbursed when they are provided to the project sponsor, developer, borrower, Eligible-Income Family or Community Service Facility (or other physical structure arising from an Economic Development Activity).

  • There are six output measures included in the report: Number of Businesses Supported by Council Economic Development Activity; Number of Business Gateway Support Interventions; Number of Companies Assisted by Scottish Development International; Number of Unemployed People that have Participated in Council Funded or Operated Employability Activities; Availability of Employment Land; and Number of Businesses Participating in SDP.

  • Leveraged Costs are those costs which are directly attributable to the Affordable Housing Activity and Economic Development Activity being financed.

  • As such, the sale of the lots alligns with Council Goal #5: Promote Economic Development Activity.

  • Other reasonable and necessary costs incurred by the project sponsor or developer, associated with the financing or development (or both) of new construction, rehabilitation, or acquisition of Affordable Housing or Economic Development Activity projects assisted with the CMF Award.

  • No. of Businesses Supported by Council Economic Development Activity (OP1)No. of BusinessesInstances of Support18,50628,067In 2014/15 Councils supported 18,506 unique businesses and provided 28,067 instances of support.

  • CDBG Community and Economic Development Activity SummaryCDBG regulations permit the expenditure of CDBG funds for economic development activities.

  • CDFI Fund Response: The proposedrule definition of Concerted Strategy (12 CFR 1807.104(p)) adopts this suggestion, requiring that, if the Economic Development Activity or Community Service Facility is not located on the same premises or immediately adjacent to the Affordable Housing, the Economic Development Activities/Community Service Facilities and the Affordable Housing must be included together in a planning document describing the community revitalization strategy for the area.

  • Is a community room in an Affordable Housing Project considered an Economic Development Activity?‌ Adding amenities to a housing development or common space that are available only to residents of the building (e.g. a community room) is not considered an Economic Development Activity.


More Definitions of Economic Development Activity

Economic Development Activity means any project, initiative or business or industrial recruitment activity which satisfies the statutory requirements to withhold a public record under G.S. 132-6(d);
Economic Development Activity or "economic development" shall mean any structure of facility or any development within the Port District in connection with manufacturing,

Related to Economic Development Activity

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Development Activities means any activity, including the discharge of dredged or fill material, which results directly in a more than de minimus change in the hydrologic regime, bottom contour, or the type, distribution or diversity of hydrophytic vegetation, or which impairs the flow, reach, or circulation of surface water within wetlands or other waters;

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • economic activity means putting goods or services on a market. It is not necessary to make a profit to be engaged in economic activity: if others in the market offer the same good or service, it is an economic activity.

  • Medical Affairs Activities means, with respect to any country or other jurisdiction in the Territory, the coordination of medical information requests and field based medical scientific liaisons with respect to Licensed Compounds or Licensed Products, including activities of medical scientific liaisons and the provision of medical information services with respect to a Licensed Compound or Licensed Product.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • 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.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Planned unit development means a subdivision characterized by a unified site design, clustered residential units and/or commercial units, and areas of common open space.

  • Development Period means the period from the date of this Agreement until the Appointed Date;