Revolving loan fund definition

Revolving loan fund means the school loan revolving fund created under section 16c of the shared credit rating act, 1985 PA 227, MCL 141.1066c.
Revolving loan fund means a pool of funds managed by the Applicant or Awardee wherein repayments on Af- fordable Housing Activities loans, Eco- nomic Development Activities loans and/or Community Services Facilities loans are used to finance additional loans;
Revolving loan fund means a fund required to be established by a certified microbusiness development corporation that receives a development loan."

Examples of Revolving loan fund in a sentence

  • As contemplated by the SDWA, the General Assembly of the State has amended the Maryland Water Quality Financing Administration Act, codified at Sections 9-1601 through 9-1622 of the Environment Article of the Annotated Code of Maryland, as amended (the “Act”), establishing an SRF designated the Maryland Drinking Water Revolving Loan Fund (the “Fund”) to be maintained and administered by the Administration.

  • All portions of the County Revolving Loan Funds Program, including principal and interest repaid to KABA, shall be deposited by KABA in KABA'S segregated Kenosha County Revolving Loan Fund Program Account.

  • This term and condition applies only when a governmental recipient specified at 2 CFR 176.140(a) uses cooperative agreement funds to install drinking water pipes, constructs xxxxx to remediate contamination of drinking water, or reconstructs a concrete or asphalt pad or similar structure following removal of an underground storage tank under a direct EPA grant or a subgrant or loan financed by a Xxxxxxxxxx Revolving Loan Fund capitalization grant.

  • This term and condition applies to projects involving the construction of caps to contain contamination that are directly incorporated into a public building or public work as defined in 2 CFR 176.140(a) or construction of a water system to provide alternative drinking water at a site when conducted by a governmental entity specified at 2 CFR 176.140(a) under a direct EPA grant or a subgrant or loan financed by a Xxxxxxxxxx Revolving Loan Fund capitalization grant.

  • As contemplated by Title VI, the General Assembly of the State at its 1988 session enacted the Maryland Water Quality Financing Administration Act, codified at Sections 9-1601 through 9-1622 of the Environment Article of the Annotated Code of Maryland, as amended (the “Act”), establishing an SRF designated the Maryland Water Quality Revolving Loan Fund (the “Fund”) to be maintained and administered by the Administration.


More Definitions of Revolving loan fund

Revolving loan fund means a fund required to be established by a certified microbusiness
Revolving loan fund means each of the revolving loan funds defined in Section 63A-3-205.
Revolving loan fund means apool of funds managed by the Applicant or Awardee wherein repayments on Affordable Housing Activities loans, Economic Development Activities loans and/or Community Services Facilities loans are used to finance additional loans;
Revolving loan fund means the Brownfields Revolving Fund established by R.I. Gen. Laws § 23-19-16.
Revolving loan fund means a fund established by the Service Manager, or a third party subcontractor as permitted under section 10.2, in a segregated bank account for the sole purpose of providing moderate and low-income individuals and households with down payment assistance to purchase Affordable Housing on the same terms and conditions as are set out in Sections 4 and 5 of this Schedule but at such level of assistance as is determined by the Service Manager;
Revolving loan fund means the Louisiana Rural Infrastructure
Revolving loan fund means a fund established in law to be used to