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.