Related Words

Grant: Funding for a non-profit organization, usually for a specific project.GranteeOne to whom a grant is made.

Grantor Trust: A tax-saving trust in which a grantor transfers property to a beneficiary, but receives income until termination, at which time the beneficiary begins receiving the income.

Pell Grant: This is a need-based grant that students do not have to pay back.

Section 533 Grants: A USDA rural housing rehabilitation program authorized under Section 533 of the Housing Act of 1949. The Rural Housing Service is authorized to make grants to capable organizations for (1) r . . . View Full Definition

State Rural Development Block Grant: Under provisions of the Rural Community Advancement Program (RCAP), each state may receive, for direct administration, up to 10% of the funds allocated to the state. These funds may be used . . . View Full Definition

Distance Learning And Telemedicine Grant And Loan Program (DLT): A program authorized by the FACT Act of 1990 to provide grants to rural schools and health care providers to help them invest in telecommunications facilities and equipment to bring educatio . . . View Full Definition

Section 516 Grants: A USDA farm labor housing program authorized under Section 516 of the Housing Act of 1949. Qualified nonprofit organizations, Indian tribes, or public bodies obtain grants for the developmen . . . View Full Definition

Rural Home Repair Loans And Grants: Section 504 Loans and grants are available through the Rural Housing Service to lower income rural homeowners for making repairs.

Rural Housing Preservation Grants: Section 533 grants are available through the Rural Housing Service for repairing and rehabilitating rural housing for low- and very low-income families.

Section 504 Loans And Grants: A USDA rural housing repair program authorized under Section 504 of the Housing Act of 1949. Under current regulations, rural homeowners with incomes of 50% or less of the area median may qu . . . View Full Definition