Project loans

Project loans

Usually FHA-insured and HUD-guaranteed mortgages on multiple-family housing complexes, nursing homes, hospitals, and other special development.

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 ?
15, 2015 /PRNewswire/ -- Open Energy, an innovative debt finance firm that provides solar project loans to solar developers and project owners through its unique marketplace lending model, today announced the launch of its new online platform, designed to streamline the loan application process.
Higher Foreign Direct Investment inflows and project loans financed the moderate widening of the external current account deficit.
The president of the Japanese firm, Koichi Miyata, said that it has received JPY7tn in offers from European banks, including infrastructure project loans.
The second exempts the beneficiaries of the income-generating project loans.
The financing, administered through the New Jersey Environmental Infrastructure Financing Program, will make available approximately $549 million for clean water project loans and $272 million for drinking water project loans, with the federal government picking up at least half of the cost.
Summary: Ghana and China signed project loans and another deal together totaling $15 billion, the latest in a string of Chinese investments on the African continent.
The Labor and Vocational Training Department in the ministry has announced new figures about the number of small project loans, according to a statement released by the National Media Center and received by Aswat al-Iraq news agency.
05 billion in foreign aid, of which project loans accounted for $959 million and grants for $90 million.
Under the agreement, Russia's IG Alrosa, the world's second largest diamond producer, will become a 23 per cent shareholder in Celtic, and at the same time offer project loans of EUR17 million.
Agencies currently buy water based on estimated demands, a method that often results in radical fluctuations in revenue to the MWD, which is carrying $4 billion in capital improvement project loans.
Most projects will already be making significant mortgage payments on their project loans.
The Caribbean Development Bank (CDB) has approved a "Country Strategy Paper" for Belize, which outlines assistance over the period 2000-2002, involving capital project loans and technical grants totaling US$39.

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