Definitions and Acronyms

Definitions - Commonly Used Terms and Acronyms

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There are currently 8 names in this directory beginning with the letter I.
I

IGA
Inter-Governmental Agreement

Imprv
Improvement(s)

Income
Means gross household income computed in conformity with HUD income limits.

Indirect Costs
Architectural, engineering, technical consultant, legal fees, application and loan fees, market study costs, etc. as distinguished from land and hard costs.

Infrastructure
Water and sewer lines, roads, urban transit lines, schools and other public facilities needed to support developed areas.

Internal Rate of Return (IRR)
The discount rate at which the present value of a project's cash flow income stream to the Project Sponsor equals the present value of the Project Sponsor's investment.

IRR
Internal Rate of Return