development loan

development loan

A loan used to develop real property, which includes not just construction of the improvements, but also excavation work, infrastructure such as storm sewers and roads, and the holding costs of the property until such time as it can be sold or can support fully amortizing permanent financing. Contrast with a construction loan, for building improvements only.

References in periodicals archive ?
Summary: New Delhi [India], Feb 12 (ANI): Eduvanz Financing - a skill development loan provider, announced that it has been granted the non-banking financial company (NBFC) licence by the Reserve Bank of India (RBI) to start providing loans in the multi-billion skill development sector.
The loan cacility under the Scheme could be accessed one of two ways, namely the Cooperative Housing Development Loan (CHDL), enables a cooperative society that has acquired a plot of land to develop houses for allocation to its members.
Rangers defender Myles Beerman has signed on a development loan until the end of the season and Queens have recalled Ross Ferguson from his loan at Annan Athletic.
First Solar, a leading provider of utility-scale PV power plants and supporting services, has accomplished the signing of around US$64 million worth syndicated development loan facility deal with the Japanese lender Mizuho Bank.
The industry sector comes first in terms of development loan volume with 606 loans for industrial investment that constitute 43 percent of the total number of loans granted by the bank.
This loan represents a continuation of the First Programmatic Competitiveness Development Loan, worth EUR 38.
A Wisconsin forest products business is set to expand with the help of a rural development loan secured by Barron Electric Cooperative.
German government is still ready to negotiate with Airbus over payment of a development loan The German government is still ready to negotiate with Airbus over payment of a long-disputed development loan worth more than EURU600 million (USD$795 million), the economy ministry said, denying a newspaper report that talks had failed.
Career Development Loans - if you want to develop your work-related skills, you might be interested in taking out a Career Development Loan
Gus Costaldo of Houlihan-Parnes/ iCap Realty Advisors, LLC has arranged through International Bank of Commerce (IBC) a $30,000,000 acquisition and development loan in conjunction with a $47 million purchase of 1,617 acres in Horseshoe Bay, Texas.
7 million) 10-year research and development loan agreement.

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