Imagine a school-community that successfully embodies a culture that is at one with our highest moral aspirations, and that throughout the life of this school -- in the teachers, in the curriculum, in the hallways, in the lunchroom, on the bulletin boards, etc. -- these moral aspirations live as social reality.
HVCRE is defined to include credit facility that, prior to conversion to permanent financing, finances or has financed the acquisition, development, or construction (ADC) of real property, unless the facility finances:
If a borrower contributes additional capital to an existing HVCRE loan to meet the. 15 percent contributed capital requirement after the banking organi zation has already. advanced funds to the borrower, can the loan be excluded from the definition of HVCRE as.