GAP Financing definition

GAP Financing means State Housing Funds up to $750,000 per project to be used to reduce the gap between ADOH approved total development costs and permanent sources of funds.

GAP Financing means State Housing Funds up to $500,000 per project to be used to reduce the gap between ADOH approved Total Development Budget on line 126 of pp 8-11 of Form 3 and permanent sources of funds (“Total Sources” under Column D of page 7 of Form 3).

GAP Financing means debt financing to compensate for a shortfall in project funding between the

Examples of GAP Financing in a sentence

• OCD has executed this GAP Financing Loan Agreement on this day of , , at , Louisiana, in the presence of the undersigned witnesses and Notary Public after due reading of the whole.

• GAP Financing documents will require that released reserves are used to pay down the GAP Financing.

• Value GAP Financing provided to the developer to bring the sale price of the home to the appraised value.

• CDBG GAP Financing Application – The City proposes to submit an application for additional funding titled Community Development Block Grant (CDBG) GAP funding, for up to $130,568 to the NH Community Development Finance Authority for additional constructions costs for Southwest Community Services emergency shelter improvements at 45 Central Street.

• In addition, staff, administrators and faculty need to respond to these incidents considering all relevant factors.

More Definitions of GAP Financing

GAP Financing means State Housing Funds up to $500,000 per project for the 9% competitive round or up to $2,000,000 as set forth in Section 4 for tax-exempt bond Projects to be used to reduce the gap between ADOH approved Total Development Costs on Line 126 of Pages 8 - 11 of Form 3 and permanent sources of funds (“Total Sources” under Column D of Page 7 of Form 3).

GAP Financing means debt financing to compensate for a shortfall in project funding between the expected development costs of an authorized tourism project and the debt and equity capital provided by the developer of the project.

GAP Financing means State Housing Funds loaned to a Project pursuant to a Notice of Funding Availability that may be issued by ADOH form time to time, and which is used to reduce the gap between ADOH approved Total Development Costs on Line 126 of Pages 8 - 11 of Form 3 and permanent sources of funds (“Total Sources” under Column D of Page 7 of Form 3).

GAP Financing means State Housing Funds up to $500,000 per project for the 9% competitive round or up to $2,000,000 as set forth in Section 4 for tax-exempt bond Projectsloaned to a Project pursuant to a Notice of Funding Availability that may be issued by ADOH from time to time, and which is to be loaned used to reduce the gap between ADOH approved Total Development Costs on Line 126Formatted: Highlightof Pages 8 - 11 of Form 3 and permanent sources of funds (“Total Sources” under Column D of Page 7 of Form 3). Applicants should refer to Section 7.1(D) for more information.

GAP Financing means funding through one or more programs administered by ADOH that may be available to a Project to fill the Funding Gap.

GAP Financing means funding through one or more programs administered by ADOH that may be available to a project to fill an Equity Gap.

GAP Financing means a Gap Loan or grant provided by MOHCD or OCII intended to bridge the gap between the cost of developing a Project and the amount of funds the Project can leverage from all other sources.