NCDO definition

NCDO means the Non-profit Community Development Organization designated by the legislative body of each of the Grantees to establish and manage the _____ Revolving Loan Fund on behalf of Grantees.
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Examples of NCDO in a sentence

  • The NCDO may accumulate up to 20% of the gross income generated in each fiscal year by the funds governed by the provisions of this NCDO Agreement, to use to defray the costs of administering the Plan for the Use of Income and Program Management costs and General Administration costs.

  • Subgrants VCDP $'s to a NonProfit (Subgrantee) NCDO Makes Loans to Homeowners For Housing Rehab.

  • The Agency shall have access to all books, accounts, records, files and information in all forms, in the possession or control of the NCDO pertaining to performance under this NCDO Agreement, and as may be reasonably necessary for the Agency to perform audits, examinations, or both.

  • Unrestricted Revenue and Program Income governed by the provisions of this NCDO Agreement shall be maintained and administered separately, unless all income is administered by the stricter policies which apply to the use of Program Income.

  • The parties shall share the out-of-pocket expenses for such preparation, filing and prosecution.

  • This paper has been written by SOMO as part of its CSR & Trade project, financially supported by NCDO, Novib and FDHT (Human Rights at Work Foundation).

  • Such report shall include the fund balance carried forward and all receipts and expenditures for each fiscal year or portion thereof, from the effective date of this NCDO Agreement continuing for so long as funds governed hereunder exist.

  • The Secretary shall promptly notify the NCDO, in writing, of the determination and reasons for the termination, together with the effective date.

  • The assignment of loan repayments and the subgranting of VCDP funds by a grantee to a NCDO, in some cases, has an additional advantage beyond the designation as unrestricted revenue.

  • The second- generation repayments received by the NCDO are Unrestricted Revenue.