Section 108 Loan Guarantee program
E121766
The Section 108 Loan Guarantee program is a U.S. federal financing tool that allows local governments to leverage future Community Development Block Grant funds to support large-scale community and economic development projects, such as housing, infrastructure, and job creation.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Section 108 Loan Guarantee program canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T1022049 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Section 108 Loan Guarantee program Context triple: [Office of Community Planning and Development, programAdministered, Section 108 Loan Guarantee program]
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A.
7(a) Loan Program
The 7(a) Loan Program is the U.S. Small Business Administration’s primary business loan program that helps small businesses obtain financing by providing government-backed guarantees to participating lenders.
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B.
Homeland Security Grant Program
The Homeland Security Grant Program is a federal funding initiative that supports state, local, tribal, and territorial efforts to prevent, protect against, mitigate, respond to, and recover from acts of terrorism and other threats.
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C.
Disaster Loan Program
The Disaster Loan Program is a U.S. Small Business Administration initiative that provides low-interest loans to businesses, homeowners, and renters to help them recover from declared disasters.
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D.
Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) was a U.S. government bailout initiative launched in 2008 to stabilize the financial system by purchasing or guaranteeing troubled assets and injecting capital into struggling institutions.
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E.
National Defense Education Act
The National Defense Education Act was a landmark 1958 U.S. law that massively expanded federal funding for science, mathematics, and foreign language education in response to Cold War pressures and the Soviet launch of Sputnik.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Section 108 Loan Guarantee program Target entity description: The Section 108 Loan Guarantee program is a U.S. federal financing tool that allows local governments to leverage future Community Development Block Grant funds to support large-scale community and economic development projects, such as housing, infrastructure, and job creation.
-
A.
7(a) Loan Program
The 7(a) Loan Program is the U.S. Small Business Administration’s primary business loan program that helps small businesses obtain financing by providing government-backed guarantees to participating lenders.
-
B.
Homeland Security Grant Program
The Homeland Security Grant Program is a federal funding initiative that supports state, local, tribal, and territorial efforts to prevent, protect against, mitigate, respond to, and recover from acts of terrorism and other threats.
-
C.
Disaster Loan Program
The Disaster Loan Program is a U.S. Small Business Administration initiative that provides low-interest loans to businesses, homeowners, and renters to help them recover from declared disasters.
-
D.
Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) was a U.S. government bailout initiative launched in 2008 to stabilize the financial system by purchasing or guaranteeing troubled assets and injecting capital into struggling institutions.
-
E.
National Defense Education Act
The National Defense Education Act was a landmark 1958 U.S. law that massively expanded federal funding for science, mathematics, and foreign language education in response to Cold War pressures and the Soviet launch of Sputnik.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal financing tool
ⓘ
federal loan guarantee program ⓘ |
| administeredBy |
Office of Community Planning and Development
ⓘ
surface form:
HUD Office of Community Planning and Development
United States Department of Housing and Urban Development ⓘ
surface form:
U.S. Department of Housing and Urban Development
|
| applicantType | units of general local government ⓘ |
| authorizedBy |
Housing and Community Development Act of 1974
ⓘ
surface form:
Section 108 of the Housing and Community Development Act of 1974
|
| authorizedUnder |
Housing and Community Development Act of 1974
ⓘ
surface form:
Title I of the Housing and Community Development Act of 1974
|
| backedBy | full faith and credit of the United States ⓘ |
| beneficiary |
insular areas
ⓘ
local governments ⓘ public entities designated by units of general local government ⓘ states ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| eligibleBorrower |
CDBG entitlement communities
ⓘ
states on behalf of non-entitlement communities ⓘ |
| financingType | loan guarantee ⓘ |
| fundingSourceLeveraged | Community Development Block Grant funds ⓘ |
| interestRateType |
fixed interest rate
ⓘ
variable interest rate ⓘ |
| legalForm | federal credit assistance program ⓘ |
| loanTerm | up to 20 years ⓘ |
| nationalObjective |
aid in the prevention or elimination of slums or blight
ⓘ
benefit low- and moderate-income persons ⓘ meet a community development need having a particular urgency ⓘ |
| obligationType | federal loan guarantee commitment ⓘ |
| purpose |
support economic development projects
ⓘ
support housing projects ⓘ support job creation and retention ⓘ support large-scale community development projects ⓘ support public infrastructure projects ⓘ |
| regulator |
United States Department of Housing and Urban Development
ⓘ
surface form:
U.S. Department of Housing and Urban Development
|
| relatedProgram | Community Development Block Grant program ⓘ |
| riskMitigation | pledge of current and future CDBG funds ⓘ |
| security |
additional collateral as required by HUD
ⓘ
future Community Development Block Grant allocations ⓘ |
| statutoryRequirement | activities must meet a CDBG national objective ⓘ |
| targetSector |
affordable housing
ⓘ
community development ⓘ economic development ⓘ public infrastructure ⓘ |
| useOfFunds |
acquisition of real property
ⓘ
clearance and site improvements ⓘ construction of public facilities ⓘ economic development activities eligible under CDBG ⓘ financing fees and issuance costs ⓘ housing rehabilitation eligible under CDBG ⓘ payment of interest on the guaranteed loan ⓘ rehabilitation of publicly owned real property ⓘ related relocation activities ⓘ |
How these facts were elicited
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Subject: Section 108 Loan Guarantee program Description of subject: The Section 108 Loan Guarantee program is a U.S. federal financing tool that allows local governments to leverage future Community Development Block Grant funds to support large-scale community and economic development projects, such as housing, infrastructure, and job creation.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.