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action grant

noun

  1. funds awarded by the federal government on a competitive basis to cities that submit plans for urban development and are able to show that such plans have the cooperation and endorsement of private investors.


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Example Sentences

While none of these bills made it to chamber floors Thursday, the House of Representatives did pass four other bills in the morning, the Statesman Journal reported; House Bill 4202 and 4211, making technical fixes to recent measures to raise tax money to pay for public schools; House Bill 4206 which would allow the state to set up a meat inspection program; and House Bill 4209 which would let a regional economic development board in Eastern Oregon put into action grant, loan and incentive programs to local businesses.

While none of these bills made it to chamber floors Thursday, the House of Representatives did pass four other bills in the morning, the Statesman Journal reported; House Bill 4202 and 4211, making technical fixes to recent measures to raise tax money to pay for public schools; House Bill 4206 which would allow the state to set up a meat inspection program; and House Bill 4209 which would let a regional economic development board in Eastern Oregon put into action grant, loan and incentive programs to local businesses.

In order to convince Levi Strauss to locate at Gluckstadt, Wallace and other officials first had to secure an urban development action grant.

"This is an interesting study that gives new information on the bioactive compounds found in hempseed that may potentially lower blood cholesterol levels and have an anti-atherogenic action," Grant Pierce told Reuters Health in an email.

From Reuters

In nearby Somerville, Mass., the nonprofit Somerville Corp. used $484,000 from a 1984 federal Urban Development Action grant to attract more than $2 million in other funding.

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