Local financial support definition

Local financial support means financial investment by the recipient through the use of the recipient’s own discretionary funds that are a permanent financial contribution or commitment applied to and related to the objectives of the housing activity or project assisted through the HOME partnership program and that are used during the same time frame as the requested housing activity or project.
Local financial support or “local match” means cash or in-kind contributions to be used for the project from a private donor, a business, or the pilot project city. “Cash” includes but is not limited to loans, forgivable loans or grants. “In-kind contributions” means contributions directly related to the project and includes but is not limited to the construction of private or public infrastructure or other amenities and improvements.
Local financial support means funding from local sources, public or private, which is paid to the Economic Development Trust Fund and which is equal to 20 percent of the annual tax refund for a qualified applicant. Local financial support may include excess payments made to a utility company under a designated program to allow decreases in service by the utility company under conditions, regardless of when application is made. A qualified applicant may not provide, directly or indirectly, more than 5 percent of such funding in any fiscal year. The sources of such funding may not include, directly or indirectly, state funds appropriated from the General Revenue Fund or any state trust fund, excluding tax revenues shared with local governments pursuant to law.

Examples of Local financial support in a sentence

  • Local financial support may include local fees, grants, tolls, private contributions, donated rights of way, local taxes or similar payments.

  • Local financial support may include local fees, grants, tolls, donated rights of way, local taxes or similar payments.

  • Local financial support items include, but are not limited to TIF, waiver of impact fees, donation of land from a public entity, CDBG/HOME awards from a unit of local government.

  • Where a Display Wall System operates with a display wall processor, the display wall processor’s function is to execute programs that integrate multiple video signal sources into a single pixel canvas, and then to transmit those data to each LPD through the Image Processors.

  • Dr. Chris Baryomunsi, and a new Arab regional parliamentary forum was established in 2014, to better further the special natures of the regions.

  • Local financial support for the civil society is minimal, unrealizable and it mainly comes through consultancies undertaken by individual organizations.

  • Local financial support of institutionsArticle 4A - Budgeting, Accounting, and Fiscal Management• § 115D-58.1. Federal contracts and grants.• § 115D-58.5. Accounting system Chapter 133 - Public Works.

  • Local financial support has been essential in order for non-profit organizations to be able to operate the Senior Meals Program.

  • Local financial support refund will be provided un the cash is received.

  • The LEA will not reduce the amount of State and/or Local financial support for special education and related services for children with disabilities below the amount of that support for the preceding fiscal year, unless the LEA is eligible for exceptions or adjustments, in accordance with 20 U.S.C. 1412(a)(18)(A)-(D); 34 CFR §§300.203 through 205.


More Definitions of Local financial support

Local financial support means funding from local sources, public or private, that is paid to the Economic Development Trust Fund and that is equal to 20 percent of the annual tax refund for a qualified target industry business. A qualified target industry business may not provide, directly or indirectly, more than 5 percent of such funding in any fiscal year. The sources of such funding may not include, directly or indirectly, state funds appropriated from the General Revenue Fund or any state trust fund, excluding tax revenues shared with local governments pursuant to law.
Local financial support means cash or in-kind contributions to the project from a private donor, a business, or the pilot project city.
Local financial support means funding from local sources, public or private, which is paid to the Economic Development Trust Fund and which is equal to 20 percent of the annual tax refund for a qualified applicant. Local financial support may include excess payments made to a utility company under a designated program to allow decreases in service by the utility company under conditions, regardless of when applica- tion is made. A qualified applicant may not provide, directly or indirectly, more than 5 percent of such funding in any fiscal year. The sources of such funding

Related to Local financial support

  • Financial Support means any loans, guarantees, Security or other financial assistance (whether actual or contingent).

  • Cash medical support means an obligation to equally share all reasonable and necessary medical and dental expenses of children.

  • SAP Support means SAP's then current support offering made available to Customer, as stated in the Order Form.

  • Financial Support Direction means a financial support direction issued by the Pensions Regulator under section 43 of the Pensions Xxx 0000.

  • Alternative electric supplier means a person selling electric generation service to retail customers in this state. Alternative electric supplier does not include a person who physically delivers electricity directly to retail customers in this state. An alternative electric supplier is not a public utility.

  • Material support and resources means currency or monetary instruments or financial securities, financial services, lodging, training, expert advice or assistance, safehouses, false documentation or identification, communications equipment, facilities, weapons, lethal substances, explosives, personnel, transportation, and other physical assets, except medicine or religious materials.”

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Cloud BPO Support means the then-current technical support services SAP provides to Provider for the SAP Cloud Services as described in the Cloud BPO Schedule.

  • Child support means that part of a Child Restraint System by which the child can be raised within the Child Restraint System.

  • Child support services means any civil, criminal or administrative action taken by the Division of

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Foreign support order means a support order of a foreign tribunal.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Community support services means services authorized,

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.