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The Rural Business-Cooperative Service is headed by an Administrator who reports directly to the Under Secretary for Rural Development, who in turn reports to the Secretary of Agriculture. Business & Cooperative Programs staff are headquartered in Washington, D.C. , but the Agency has a presence in every state and U.S. territory. [ 1 ]
Since 1986, the Neighborhood Housing Trust has managed expenditures of affordable housing linkage fees. More than $81 million in linkage fees have funded the new construction or preservation of more than 6,000 units of homeownership, rental, or cooperative housing for households earning less than 80% of the median income. Among other eligible ...
Performance-based budgeting is the practice of developing budgets based on the relationship between program funding levels and expected results from that program. The performance-based budgeting process is a tool that program administrators use to manage budget outlays more cost-efficiently and effectively.
In 1987, the San Francisco Estuary Project (SFEP, a state and federal cooperative program) began creating a Comprehensive Conservation and Management Plan (CCMP) for the San Francisco Estuary, involving over 100 stakeholders. The CCMP led to the establishment of the San Francisco Estuary Institute (SFEI) and the Regional Monitoring Program (RMP).
Co-operative ownership is quite distinct from condominiums where people own individual units and have little say in who moves into the other units. [4] Because of this, most jurisdictions have developed separate legislation, similar to laws that regulate companies, to regulate how co-ops are operated and the rights and obligations of shareholders.
[2] A "patronage dividend" is money paid by a cooperative to its patrons on the basis of business done with these patrons, pursuant to a pre-existing obligation, and based on the net earnings of the cooperative from the business done. [3] In practice, cooperatives typically charge their members for services and refund the profits proportionately.
The Smith–Lever Act of 1914 is a United States federal law that established a system of cooperative extension services, connected to land-grant universities, intended to inform citizens about current developments in agriculture, home economics, public policy/government, leadership, 4-H, economic development, coastal issues (National Sea Grant College Program), and related subjects.
Cooperative members often engage in multiple contracts and projects over time, fostering ongoing partnerships. This can lead to additional business opportunities, repeat contracts, and a more stable revenue stream for businesses. The cooperative environment encourages relationship-building and the cultivation of sustainable business connections.