La. Admin. Code tit. 13 § I-3703
Award Agreement-that agreement or contract hereinafter referred to between the applicant and the department through which, by cooperative endeavor agreement or otherwise, the parties set forth the terms, conditions, and performance objectives of the award provided pursuant to these rules.
Community Development Corporation (CDC)-a non-profit corporation which satisfies all of the requirements of R.S. 33:130.752(1) and meets the LANO standards of excellence.
Community Development Financial Institution (CDFI)-an organization which satisfies all of the requirements of R.S. 33:130.752(2).
Department-Department of Economic Development, or their designee.
Donation-either inter vivos or mortis causa, in the form established by Louisiana law.
Contribution-a gift, payment, or deposit of money or anything of value, or the forgiveness of a loan or of a debt.
Low Income-an income level at or below 80 percent of the mean income for a family of similar size within the state.
Sale Below Cost-a contract whereby a person transfers ownership of a thing to another for a price in money, in the form established by Louisiana law, at a price below its appraised value, as evidenced by appropriate documentation.
Secretary-Secretary of the Department of Economic Development, or designee.
La. Admin. Code tit. 13, § I-3703