Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

CW-CeCD BRE Study > Glossary Terms - CW - Short > Flashcards

Glossary Terms - CW - Short Flashcards

1
Q

Absolute Advantage

A

Compares 2 economies
1 economy can produce more of a product, simply because it has more resources.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Ad Valorem Tax

A

Tax levied on the value of a taxed item

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Adaptive Reuse

A

rehab of old property for new purpose

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

AFDC (Aid to Families w/ Dependent Children

A

income assistance to low-moderate income families
replaced TANF

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Amortization

A

liquidation of debt
via schedule of payments

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Anchor/Key Tenant

A

largest tenant
(lease) instrumental in securing project financing
& attracting other tenants

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Affordable Housing

A

consumes no more than 30% of household income

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Angel Investor

A

provides equity investment to start-ups

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Assessed valuation

A

monetary worth of a property for the purposes of taxation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Assets

A

Business property acquired at measurable cost
use is related to business operations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

BOTS

A

Process where private company finances, builds, operates infrastructure system
Gov plays regulatory & oversight role
At end of project (15-25 yrs) system transferred back to gov

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Bankable

A

person who qualifies for loan at commercial

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Base Industries

A

export/primary industries
sell or export products/services outside the community
increase ‘new’ dollars spent on non-base industries

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Benchmarking

A

quantifiable measures of economic competitiveness & quality of life
collected on a regular basis
measures region status/progress against comparative region

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Bond

A

certificate of debt issued by gov or corporation
guarantees payment + interest by specified date

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Bond Banks

A

State agencies
assist local gov in acquiring capital financing through debt issuance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Bond Rating

A

estimation of creditworthiness of a corporation or gov unit
AAA = most credit worthy borrowers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Brownfields

A

abandoned or underutilized commercial or industrial sites
have real or perceived contamination

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Business Assistance Center

A

one stop center
streamlines local permitting, licensing, and fee payment processes
facilitates decision-making process

20
Q

Business Climate

A

attitude of local gov toward business
attitude of labor force & local business networks

21
Q

Business Incubator

A

nurtures & supports young companies
provides space, technical assistance, equity & long-term financing, employment
Three basic objectives:
1) spur tech-based development
2) diversify local economy
3) revitalize community

22
Q

Business Improvement Districts

A

legally defined entity where assessment or tax is levied for capital or operating improvements
supplements city funding
created by public law or ordinance

23
Q

Business Recruitment & Attraction

A

-Traditional approach to ED
-get company to relocate or expand
-smokestack chasing

24
Q

Central Business District

A

area where highest concentration of businesses are in locality

25
Q

Community Development Block Grant

A

-Title 1 Housing & Community Devlpt. Act 1974
-Replaces 8 grant/loan programs
-communities w/more than 50K entitled to get funding
-less than 50k apply for discretionary funds
-purpose: broad comm. dev. projects/expand housing to low/mod income persons

26
Q

Community Development Corporation

A

-non-profit 501 c 3
-obtains fed/private support
-governed by locals through BOD

27
Q

Bank-Sponsored Community Development Corporations

A

-way for banks to contribute to economic revitalization
-by investing in biz/real estate that benefits low-mod income

28
Q

Certified Development Corporation

A

-Originating & administering body for SBA 504 loan program
-provides long-term fixed rate financing
-to small biz
for real estate, machinery, equip to expand /modernize facilities

29
Q

Community Development Financial Institution

A

-works in market niche not adequately served by traditional fin. institutions
-provide mortgage/commercial/etc. to low-income
-must engage in comm develop, serve target pop, provide $$, and have comm rep on BOD
-non-governmental

30
Q

Community Housing Affordability Strategy

A

-federally mandated 5 yr low/mod income plan
-describes needs/strategies/resources
-required for state/local gov to get fed housing $$

31
Q

Community Housing Development Organization

A

-Fed defined non-profit
-provides low-mod income housing
-eligible for 15% of HOME funds for housing development & 5% for operational costs

32
Q

Community Reuse Organization

A

oversees transition of Dept. Energy faciity from gov - civilian use

33
Q

Capacity Building

A

helps comm based neighborhood organization to design ED strategies
-using tech assistance, networks/conferences/workshops

34
Q

Capital Costs

A

cost of investment in physical improvements/infrastructure/equip etc.

35
Q

Capital Projects Fund

A

money that accounts for acquisition of capital facilities
can be raised through bonds/grants

36
Q

Cap Rate

A

rate of return that deems investment in development project reasonable

37
Q

Cash Flow

A

-Statement showing total cash receipts/disbursements
-for a specific period in time

38
Q

Clawbacks

A

punitive steps taken against a firm that breaks contract w/locality

39
Q

Comparative Advantage

A

-compares economies of regions
-produces a product more efficiently leading to higher opportunity cost

40
Q

Competitive Niche

A

market business/region performs well in

41
Q

Comprehensive Environmental Response, Compensation & Liability Act

A

sites w/ worst environmental damage put on NPL.

42
Q

Consolidated Plan

A

combines all planning/ application/performance requirements required for programs that require CHAS

43
Q

Cost Benefit Analysis

A

evaluates profitability of alternative uses of resources

44
Q

Cost Effective Analysis

A

compares alternative projects/plans to determine cheapest way to achieve goals

45
Q

Council-Manager

A

-form of city gov
-admin authority = professional manager hired by elected council
-mayoral duties ceremonial

46
Q

Mayor-Council

A

-system of city gov
-separates legislative & executive power
-mayor can have exec powers or powers dispersed to separate agencies

CW-CeCD BRE Study (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions