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The Loan Submission Package for a Land Development Project Must

question 26

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The loan submission package for a land development project must include project information,market financial data,government and regulatory information,legal documentation and emergency contingency plans.


Definitions:

Income Tax Withholding

The portion of an employee's wages withheld by the employer and sent directly to the government as partial payment of income tax.

Qualifying Health Coverage

is insurance that meets the minimum essential medical benefits and other requirements set by the Affordable Care Act or other applicable laws.

Shared Responsibility Payment

This refers to a penalty that was imposed by the Affordable Care Act on individuals who did not obtain health insurance coverage that met the federal requirements.

Household Income

The total income received by all members of a household, combining various sources of income into one figure.

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