Loan subsidy definition

Loan subsidy means any deposit of funds into a lending institution with the authorization or direction that the income or revenues the deposit earns, or could have earned at competitive rates, be applied directly or indirectly to the benefit of housing assistance or financial assistance.
Sample 1Sample 2Sample 3
Loan subsidy means any deposit of funds the Ohio 58
Sample 1Sample 2
Loan subsidy means the Community Development Block Grant subsidy allocated by the Citizens Advisory Committee for Community Development (CACCD) in combination with thefundsloaned by alending institution to an eligible household to rehabilitate an eligible property. The funds loaned by the lending institution must be repaid according to the lending institution's requirements. The Community Development Block Grant subsidy shall not be repaid except under the conditions stated in the Program Guidelines and Repayment Agreement.
Sample 1

Examples of Loan subsidy in a sentence

  • Loan subsidy costs are estimated for each cohort of loans and these rates are reestimated annually while loans in the cohort are still outstanding.

  • Loan subsidy costs for these programs are funded through mandatory indefinite appropriations.

  • Loan subsidy costs are re-estimated after the close of the fiscal year in which a cohort of loans has been substantially disbursed.

  • Loan subsidy Notwithstanding any other provision of this section, in any case in which the State makes a loan pursuant to subsection (a)(2) to a disadvantaged community or to a community that the State expects to become a disadvantaged community as the result of a proposed project, the State may provide additional subsidization (including forgiveness of principal).

  • Checking of various applications like P.F. / Society loan, Medical reimbursement, Housing Loan subsidy, Pension and application from Ex-employees’ children for employment, etc.

  • Loan subsidy levels for loan guarantees for FY2005-FY2011 were $0; FY2012: $1.0 million; FY2013: $600,000; FY2014: $355,000; FY2015: $295,000; FY2016:$275,000.

  • If any student has availed Education Loan subsidy under CSIS OR New CSIS scheme for under graduate Or Graduate courses, whether he/she will be eligible for Subsidy under proposed Dr. Ambedkar Central Sector Scheme of Interest Subsidy.

  • U.S. Contributions to the Capital Master Plan AccountYear Amount Comments FY2003 $5,550,000FY2005 $6,000,000 Actual Loan subsidy to cover assumed default risk of a $1.2 billion interest bearing loanFY2006 $10,595,000Requested$9,825,000 ActualFY2007 $22,100,000 Estimate FY2008 $85,435,000Requested$81,365,000 Actual[$5,720,000 + $4,875,000 (1st yr of interest cost on the loan)] The loan was not activated.

  • Loan subsidy funds could be leveraging loan funds from conventional lenders.

  • Prabhakaran Nair, General Manager, Kerala State Cooperative Bank clarified one point that actually the Kerala State Cooperative Bank was denied the Education Loan subsidy for 2-3 years even if the bank applied to Canara Bank, the nodal bank, they were not permitted to draw the subsidy.


More Definitions of Loan subsidy

Loan subsidy means any deposit of funds into a lending institution with the authorization or direction that the income or revenues that the deposit earns, or
Sample 1

Related to Loan subsidy

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Wet Loan means a wet-funded first or second lien Mortgage Loan which is underwritten in accordance with the Underwriting Guidelines and does not contain all the required Mortgage Loan Documents in the Mortgage File.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Loan means an extension of credit by a Lender to the Borrower under Article II in the form of a Revolving Loan or a Swing Line Loan.