Project Loan

Project Loan

A mortgage loan guaranteed by the Federal Housing Administration or another branch of the Department of Housing and Urban Development. Project loans are usually used to finance a large-scale building that provides some public benefit. Examples of uses for project loans include nursing homes, hospitals, and public housing.
References in periodicals archive ?
We're excited to roll out a tool that makes applying for a commercial solar project loan easier than ever.
Director of the South Asia Urban and Water Division of ADB, Fei Yue, said : "For the first time in India, we have coupled a policy loan to support urban sector reforms with a project loan for infrastructure development to ensure that improvements to urban services like water and wastewater can be maintained over the long term.
That court action was taken by an affiliate of The Broe Group of Denver after buying the original project loan from Metropolitan.
Perth, Australia, Nov 10, 2011 - (ABN Newswire) - Mutiny secures project loan and hedging facility with Credit Suisse Western Australian gold explorer and developer, Mutiny Gold Ltd (ASX:MYG) ("Mutiny" or "the Company") are pleased to advise that the Company has executed a binding project loan and hedging facility agreement with leading global investment bank, Credit Suisse ("CS").
The rehabilitation project loan, totalling $123 million was approved in 2005 and it was completed in early 2010.
Yingli Green Energy also announced Yingli China has secured a project loan of RMB 1.
However, Iran hinted that the project loan would be utilized mainly for energy related and infrastructure development projects.
The Jakarta Post, an English-language daily, quoted Hidayat as saying the government is asking the World Bank to drop the 1% advance fee Indonesia has to pay when it signs a new project loan with the bank.
Lender providing related Loan for the Amusement Park Project, while National Investment Bank (NIB) of Ghana is to provide Guarantee in support of the Project Loan.
NEW YORK, July 30, 2015 /PRNewswire/ -- Open Energy, an innovative debt finance firm that provides project loan financing to solar commercial developers and project owners through its unique marketplace lending model, today announced the closing of two non-recourse solar loans totaling $500,000 with leading solar developers JJR Power and Vis Solis.
institutional development and governance improvement in the urban sector in the state, and (ii) a project, financed by a project loan, to invest in water distribution network and sewerage systems
The Creat funding Agreement envisaged that such an assignment of the project loan commitments to a reputable commercial bank could occur if the two parties agreed.