Equity Enhancement definition

Equity Enhancement means either (i) a guarantee of a specified internal rate of return from tax benefits, or (ii) a guarantee which is broader in scope or longer in duration than those guarantees customarily given by developers of Tax Credit Properties so that the Tax Credit Syndication Interests may be offered for sale at an internal rate of return which is less than the internal rate of return for Tax Credit Syndication Interests generally available in the market for Tax Credit Syndication Interests which do not benefit from the foregoing guarantees.
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Examples of Equity Enhancement in a sentence

  • Here is how the Norwest Mortgage Equity Enhancement Program works with a weekly payment schedule: .

  • Here is how the Norwest Mortgage Equity Enhancement Program works using a biweekly payment schedule as an example: .

  • Here is how the Norwest Mortgage Equity Enhancement Program works with a semi- monthly payment schedule: .

  • The Norwest Mortgage Equity Enhancement Program will allow customers to debit up to ten (10) separate accounts per customer and pay one or more payee financial institutions.

  • Here is how the Norwest Mortgage Equity Enhancement Program works with a monthly payment schedule: .

  • The Norwest Mortgage Equity Enhancement Program does not change the mortgage terms or payment due date, but does require the mortgage servicer to receive payments electronically, and to process periodic reductions of principal.

  • The Norwest Mortgage Equity Enhancement Program can be offered to your customers and to third party servicers at a substantially lower cost than competitive accelerated mortgage plans.