Web§ 207.261 Capturing excess bond proceeds. (a) A mortgagee that finances multifamily housing or healthcare facilities insured under Title II of the National Housing Act through the issuance and sale of bonds or bond anticipation notes and uses a project-specific trust indenture agreement, ... WebMay 11, 2016 · CRA/LA Bond Oversight Committee report 0111-31341-0020, dated April 21, 2024, relative to the use of CRA/LA Excess Bond Proceeds for community facility improvements related to the Pio Pico Library Park project within the Wilshire/Koreatown Project Area in Council District 10. 06/03/2016: Council action final. 06/01/2016
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Web2 days ago · The Finance Act 2024 removed the benefit of long-term capital gain (LTCG) tax for debt mutual funds. In the absence of a clear communication from the finance ministry as to why this was done, many ... WebThe excess insurance proceeds are associated with defaulted, tax-exempt bond financed, HUD insured projects. By excess insurance proceeds, we refer to funds which sometimes remain in bond accounts after the trustee applies HUD insurance proceeds to redeem the underlying bonds after a mortgage default. bofi online banking sign in
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WebFunds on hand in those cases where such funds cannot be diverted to purposes other than the payment of bonds and notes included in Line 4. Estimated proceeds of bonds and notes authorized but not issued where such proceeds will be used for the sole purpose of paying bonds and notes included in Line 4. WebDisposition of Excess Bond Proceeds. The completion of the Project and payment of all Project Costs payable out of the Project Fund (except for amounts, if any, retained by the … WebThe proceeds of any sale of bonds or notes shall be used only for the purposes specified in the authorization of the loan; provided, however, that such proceeds may also be used … global site tag google analytics