Financial assistance recipient definition

Financial assistance recipient means any entity or person that receives financial assistance, or any assignee or successor in interest of real property improved or developed with financial assistance, including any entity to which financial assistance is conveyed through the sale of a condominium, but shall not include any entity who is exempt under subdivision d of this section.
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Financial assistance recipient means any Person who receives from the Agency discrete financial assistance for economic development or job growth expressly articulated and identified in writing by the Agency, as contrasted with generalized financial assistance such as through tax legislation, in accordance with the following monetary limitations. Assistance given in the amount of one million dollars ($1,000,000) or more in any twelve-month period shall require compliance with this Policy for five years from the date such assistance reaches the one million dollar ($1,000,000) threshold. For assistance in any twelve- month period totaling less than one million dollars ($1,000,000) but at least one hundred thousand dollars ($100,000), there shall be compliance for one year if at least one hundred thousand dollars ($100,000) of such assistance is given in what is reasonably contemplated in writing at the time to be on a continuing basis, with the period of compliance beginning when the accrual during such twelve-month period of such continuing assistance reaches the one-hundred thousand dollar ($100,000) threshold. These thresholds shall be adjusted annually at the Consumer Price Index for the Los Angeles – Long Beach Area at the same time as the living wage is adjusted under section 10.37.2 (a) of the City Living Wage Ordinance or successor ordinance. For the purpose of determining whether a particular Financial Assistance Recipient qualifies under these thresholds, financial assistance provided by the City and financial assistance provided by the Agency shall both be counted; however, financial assistance provided by the City and administered or otherwise channeled through the Agency shall not be counted more than one time. Categories of such assistance include, but are not limited to: Agency approved bond financing; Agency planning assistance which results in a discrete monetary benefit to the Financial Assistance Recipient such as a fee reduction or fee waiver; tax increment financing exclusively by the Agency; construction of off-site public improvements by the Agency that would otherwise be the responsibility of the Financial Assistance Recipient; land write-downs and tax credits; and shall not include assistance provided by the Community Development Bank. Agencystaff assistance shall not be regarded as financial assistance for purposes of this Policy. A loan shall not be regarded as financial assistance; however, the forgiveness of a loan shall be regarded as financial assistance. Th...
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Financial assistance recipient means any person that receives city financial assistance, except that the term “financial assistance recipient” shall include neither a city economic development entity nor a Brooklyn navy yard entity.
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Examples of Financial assistance recipient in a sentence

  • Financial assistance recipient means any business that has entered into a financial assistance agreement.

  • Proprietary Interest - Insert language into the agreement that by accepting Federal funds, the Financial assistance recipient retains a Federal interest in the project throughout its useful life.

  • The focus of the interview is to gauge the overall likelihood of the completion and success in a given component/activity and whether achievement of the employment goal is realistically possible.

  • LWO Proposed AmendmentsSan Diego Municipal Code Text Financial assistance recipient means any business that has entered into a financial assistance agreement.

  • Financial assistance recipient will be placed on academic probation if he/she fails to maintain a 2.30 GPA at the end of a school semester or term and/or fails to complete at least 12 credit hours or enrolled in a full time status at the end of a school term or semester.

  • Information about reforms in each of the social sectors (education, health and social protection) and an assessment of government implementation in 2009 and 2010 is given in Annex 3.

  • Because most districts lack a critical mass of DHH students, they tend to place DHH students either in mainstream settings or in special day classes that serve students with other kinds of disability.Some Districts Run Small, Collaborative Programs for DHH Students in Their Vicinity.

  • Proposals must be in the actual possession of the Office of the Purchasing Assistant on or prior to the exact time and date indicated above.


More Definitions of Financial assistance recipient

Financial assistance recipient means any person, individual, proprietorship, partnership, joint venture, corporation, limited liability company, trust, association, organization or other entity that receives financial assistance, or any assignee or successor in interest of real property improved or developed with financial assistance.
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Related to Financial assistance recipient

  • Financial assistance means the transfer of money or property to an Applicant or Participant to accomplish a public purpose of support authorized by Federal statute through Grants or Cooperative Agreements and sub-awards. For DOE, it does not include direct loans, loan guarantees, price guarantees, purchase agreements, Cooperative Research and Development Agreements (CRADAs), or any other type of financial incentive instrument.

  • Cash assistance means cash benefits provided under the family independence program, the refugee assistance program, or state disability assistance.

  • General Assistance means a service in which the End User dialing - 0 asks the OS operator for assistance. The operator will respond in accordance with OS methods and practices that are in effect at the time the End User makes an OS call where available and technically feasible.

  • technical assistance means any technical support related to repairs, development, manufacture, assembly, testing, maintenance, or any other technical service, and may take forms such as instruction, advice, training, transmission of working knowledge or skills or consulting services; including verbal forms of assistance;

  • Medical assistance means medical assistance as established under title XIX of the social security act, 42 USC 1396 to 1396w-5.

  • Legal assistance means provision of legal advice, counseling and representation by an attorney or other person acting under the supervision of an attorney.

  • Public assistance means Temporary Assistance for Needy Families (TANF); auxiliary grants to the aged, blind and disabled; medical assistance; energy assistance; food stamps; employment services; child care; and general relief.

  • Federal financial assistance means any grant, loan, contract (other than a procurement contract or a contract of insurance or guaranty), or any other arrangement by which the Department provides or otherwise makes available assistance in the form of:

  • Federal Assistance means a type of federal funding that the Recipient receives through the Underlying Agreement.

  • Medication assistance means assistance rendered by a

  • Government assistance means a grant, loan, or tax increment financing that result in a financial benefit from an agency, commission, instrumentality, or other entity of the District government.

  • occasional assistance means any payment or provision made by a local authority, the Welsh Ministers or the Scottish Ministers for the purposes of—

  • Employee Assistance Program means an established program for employee assessment, counseling, and referral to an alcohol and drug rehabilitation program.

  • Energy assistance means benefits to assist low-income households with their home heating and

  • Rental Assistance or “Subsidy” means Gross Rent minus the sum of the utility allowance and the Eligible Household’s payment of 30% of their monthly net income.

  • Directory assistance means an ancillary service of providing:

  • Medical assistant means an unlicensed person who meets the

  • Dependent care assistance program means a benefit plan