Professional Documents
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Economic Development Projects Info 4 Grants GF Mission Statment
Economic Development Projects Info 4 Grants GF Mission Statment
Economic Development Projects Info 4 Grants GF Mission Statment
org; 206-788-7190
Interfaith Education Center (IEC) dba GlobalFaiths.org grew out of ……. And the
need to address the question, "How can citizens of the world live in peace and harmony?",
Established in the year of 2009, August 8, as a 501(c) (3) non-profit faith base education
NGO by Andalusian-American-Muslim Citizen Mr. Allal Amrani and friends. Interfaith
Education Center/Global Faiths aims is to build the first international faith base education
center within an Islamic country governed by the assistance of the prince-Commander of
the Faithfull’s, His Majesty King Mohamed VI, to eliminate or reduce false stereotypes,
prejudices, and unjustified fears through direct human communication. Toward these goals
IEC / GlobalFaiths.org will organize academic and grass roots activities such as live and
virtual conference, panels, symposia, families, guests and student ban guests, cultural and
language trips. Many participants of interfaith education center activities are inspired by the
discourse and pioneering dialogue and linguistics communication initiatives of the original
founders. Headquartered in Seattle, Washington, IEC/GF is in the process to establish the
first satellite branch in Andalusia Region (North Africa)- (Al maghrib) and has secured the
engagement commitment of individual locals to build the first linguistic and volunteers
center. The IRS determination latter as faith base organization is in place and the EIN 27-
0368284 for your confirmation and utilization for USA Tax purposes, please consult your tax
professional and or your tax attorney.
The Mission: IEC/GlobalFaiths.org is a non-profit NGO whose primary aims, goals and
vision is to help bring together the communities to promote compassion, cooperation,
partnership, communication and community service through faith base education,
communication, awareness, and conversation. IEC-GlobalFaiths.org is dedicated to
encouraging the study of the global communities' spiritual and faith from the vantage point
of respect, accuracy, “Power of Positive Thinking Awareness”, and appreciation.
Vision of (IEC-GF): In its efforts to promote fully the global community and to maintain its
objectivity, Interfaith Education Center Dba Global Faiths does not accept favors, nor does
it promote any political or government agency be it foreign or domestic, furthermore
Interfaith Education Center Dba Global Faiths does not and will not promote, and-or favors
any faith over the other. IEC-GF has made a commitment to maintain its stance for
compassion and respect regarding the “Power of Positive Thinking Awareness”, and
free expression of spirituality throughout the global communities, and the world citizens.
Aims of Interfaith Education Center (IEC-GF): Interfaith Education Center has and shall
take a stand that peace on the planet can be achieved within the foreseeable future. The
vision of Interfaith Education Center is to help unite communities and the World Citizens by
the power of positive thanking philosophy, in order that the spiritual philosophy of all
individuals is heard in a space that is free of dogmatism, criticism, oppression, and fear. In
addition, Interfaith Education Center will and shall extend perpetually as such and provide
linguistic assistance programs to disadvantaged youth whenever, and wherever possible,
and specifically within rural and remotes areas. IEC Global Faiths presence aim is to
establish branch offices in every UN member Country Capital, your efforts are appreciated.
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Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
Advisory Board: IEC-GlobalFaiths.org main founder Mr. Allal Amrani decision without
prejudice to any disclosure, that the advisory board members will consists of equal
professions and not to exceed 12 members whom will advise other operation board
members including the management of other for profit businesses (Land Transportation
Logistics & Areal Drone Agriculture-Food Delivery Supply Chain Master Plan Urban
Community Development Projects) & (Readers Clubs Agriculture-Rural Tourism); Dairy
Farms; Milk Processing Plants; Timber Mill Plant; CYPS & REPOOB patented invention
Manifacturing and assembly plants that will provide the financial independence for
Interfaith Education Center dba Global Faiths. The actual management operation will be
and shall be perpetually vested and given to Mr. Allal Amrani immediate appointed trustee
and or appointed Sharifian family member (s) in conjunction with certified CPA-Legal
International Firm. Same Operation have great duplicating potential in every UN country
member.
The above Mission statement will be revised by the first advisory board members with and
under the direction of the main founder Mr. Allal Amrani and or an appointed trustee by Mr.
Allal Amrani who must protect and maintain the financial independence integrity of
Interfaith Education center dba Global Faiths including perpetual maintenance of patented
invention and trademark names and logos.
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Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
Financially Sovereign Organization & Our Financial Independence Aims & Goals
are:
IEC-GF Student Recruitment. The Interfaith Education Center will recruit potential 5,000 student
globally, Three (3) prospective students from each UN country members rural area villages. In
addition, the center will provide professional business seminars and training booth camp for global
corporate executives, the seminar/training will provide the executives a venue to utilize faith as
enhancement for success, and client retention for global economics trend. The center will recruit first
students’ groups from USA. Professors and Expert will be invited under strict qualification, and that
they must believe, adhere to IEC “Power of Positive Thinking Awareness”
Understanding/Philosophy, Promotion, and utmost believe and respect for Faith Freedom. The IEC
will seek to be an International Accredited Faculty-Institution. The 3-12 Months Education
intertwined by Agriculture-Farm Logistics Training cost including lodging @ the Log Homes
Residential Compound for each student is $5,000-$25,000.
IEC-GF will operate 16,000 Organic Holsteins Dairy farm and Eco-Industrial-Organic Urban
Park. The land for 16,000 Organic Holsteins Dairy Farm, and Main Organic Milk Processing Plant
and the Eco-Industrial-Organic Urban Park locations is in place in the Heart of Agriculture Hub in
the Great State of Washington, USA. This Venture Development Project (s) is represented by an
honorable local government representative who is extending his Inter-government relationship
expertise to assist with our Farm Labor & Non-Domicile CDL Training Certification & Permits to
procure and train up to 3,000 Individuals that will be recruited from abroad, furthermore; This
development will extend financial support to actual buildings of Faith Base Followers and other
Faith Base Certified Associations participants who may sell and promote Usury-Free (HALAL)
private cash investment units ass a mean to generate potential & perpetual direct and or indirect legal
financial contribution. The Usury-Free (HALAL) Investment Unit Actual Cash Cost is $16,000 of
which may be extended as Financial Instrument to disadvantaged hard working Individuals-Families
in and with minimum direct monthly or daily deposit that may earn from net revenue operation profit
sharing after all cost deductions as mandated by USA Federal Law Per-diem and Tax Deductible
Compliance of General Accounting Code Principals and Fundamentals and in conjunction with
Abraham’s Faith Base Usury-Free-Halal Future Investment Financial Instruments experts
interpretations.
Echo-Tourism Project (s) “Readers Club Retreat” Consists of 250 to 1,500 Log Homes (4
Bedrooms, 2.5 Baths, 2079+/- Square Feet / 161+/- Square Meters). Restaurant with future
expansion to serve maximum of 500 guests at one seating (log wood). Library / Interfaith Education
& Research Centers /3 Stories /10,000. SF. Each Floor, (log wood). The education buildings will
accommodate up to 986 individuals each. The Grocery Store will hold food capacity to serve up to
2,000 Guests. Multiple levels Parking Lot, future expansion space plan for up to 2,000 cars
(Concrete Building). Barn for animals (log wood) that will be serving the project guests Rural Life
Experience. Septic tanks for individual homes, and septic treatment for up to 7,000 guests/clients.
Students and guests to experience Rural Life. Landscape to accommodate wildlife for guest
pleasure, and as the land topography supports. Receiving and guest information (log wood) center
building. Wood fencing for the project perimeters (log wood). Cemetery stone wall structure
enclosure as seen in every log home. Staff (log wood) leaving quarters including security personnel.
Professors / Instructors (log homes), not the same Style as Log Homes. General Manager Home /
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Helicopter landing space (log wood / Cork surface). Walk path connecting log homes, other service
buildings and fencing (log wood / cork).
IEC will seek Grants Money from: UN & Each Country members, for Manifacturing-assembly
infrastructure projects including exclusive product (Trash Recycling Bin & CYPS), International
Products Corporation, their Logo on donated garments, IMF, World Bank, OPIC, and Especially
(ICNY), Environment & Waste (Trash) Management stake holders.
In addition to the above financial project’s goals, the Founder has committed remaining part of his
life to as such, including his Seventy Five Percent (75%) earnings from any fees, profit, and or
ownership from any other project associated with the development of the $72.8 Billion Echo-
Tourism Market, and the 50+ locations he identified and located while visually (One Month Drive)
surveying the Riff & Atlas Mountains, Morocco. Please, Contribute, Invest, volunteer your
expertise/Time to promote “Power of Positive Awareness”, assist disadvantage youths, and help in
the development of Rural Areas. The founder is contributing his intellectual capital of 36+ Years in
Real Estate Properties development and management including Two (2) Inventions “Creative Yard
Post Sign” & “Recycling Point of Origin Bin”
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I, we the above undersigned hereby individually and or jointly attest that any of IEC dab Global
Faiths associate and or executive will acknowledge the execution of the above engagement
language commitment individually and or jointly, such signatures will be and can be considered
Omni and must be notarized by USA Consulate or Embassy Officer.
Volunteer (S) Please execute and Sign below @ and before Notary.
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Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
________________________
Signature of Notary
____________________________
Name of Notary
(Typed, Stamped or Printed)
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Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
Our Standalone Logo represent our aims and goal in its entirety, which included numerous
objectives among them positive promotion and education about Amir al-Mu’min in His Majesty
King Mohammed VI and all Sharifian (Shorfa) of the World and primarily JBALA region of “Moulay
Abdeslam Ben Mshish ( مشيش )موالي عبدالسالم بن, a native of the Jbala region. Moulay
Abdeslam is the quṭb al-Maghrib al-Aqsa (”)قطب المغرب االقصى
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Interfaith Education Center Dba Global Faiths will develop and build Education Seminar Center in
this part of RIFF-JBALA region in Douar KHALDI-YEEN.
Why Douar KHALDI-YEEN? Because the founder and formulator of this great global NGO Mr. Allal
Amrani hold this blessed land dearly in his heart and his (Allal Amrani) Great+++ father is a WALI in
this private land which encompasses great history circled from ALI-IBN TALIB and LALLA FATIMA
ZZHARA to AL-ANDALUS to this blessed territory etc.
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Stadium Full Golf Course with 18 holes. Driving Range, Clubhouse, Parking adjacent to eco-organic
industrial park with passage to common parking area undergrounds.
PRESENTED TO LOCAL TANGIER AUTHORITY WHILE THE FOUNDER WAS VISITING MOROCCO IN THE
YEAR OF 2010.
THIS TOURISTIC PROJECT CAN AND WILL BE DUPLICATED ON THE MOROCCAN SHORE OF ATLANTIC
AND MEDITERANIAN.
IT IS ALL ABOUT BENIFICIAL PARTNERSHIP THAT SERVES ALL STAKE HOLDERS
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IEC dba Global Faiths Corporate Campus is 337,000+/- SF BLDG with 2 Levels Underground Parking,
The Highrise Structure is a 19 Story Floors Featuring Innovative Fire Emergency Exist System
Concept.
The Corporate Campus will serve as multi family, affordable residence accommodations for Non-
Domicile CDL organization training & testing center that will future extensive CDL safety courses
delivered by and via advanced and automated simulator as well as live classes seminars.
In addition to our organization CDL training and Testing, we will extend Farm Labor Trainings along
with our business management and Residential Financing and Investment Counseling Programs.
Property Land Sites identified and will be located and situation in King County and along I-90 & I-82
Junction Corridor, and the identified location qualifies as Rural Community Economic Development.
The same 19 Stories Floors Building duplicated 44 times within the eco-organic development park in
East Washington State or Other Locations, and 2 buildings will be adjacent next to each warehouse
in opposite site with potential occupancy to accommodate 25K+ residents, we are developing
brand new city and brining added tax revenue to local government and generate Jobs. Construction
Plans in Place.
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3. Total Buildings Land footprint is 68% of (50-200) Acres: 1.6 MM to16.MM SF.
Structures May change +/-
To products & Expert Service Providers; You must participate in our Financial
Instrument.
Developer requires 30% total contract under short term banking invoice financing.
Procurement Agent/Contractor. Present qualification & citification.
$$ your cost Multiplied by above noted data numbers your potential revenue/profit.
Developer has access to Cost Appraisal Data in every economic/commerce space.
4. Infrastructure Buildings, Roads, Utilities, Amenities, Equipment's & Machineries will meet or
exceed: (REAP); (VAPG); (RBDG).
New Interstate Exit Ramp Proposal to WSDOT & Highway Signs Proposal Request.
Sewer Lines Grants & Financing; Utility Lines Grants & Financing; Water Lines Grants &
Financing; Community Development Grants & Financing.
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intermodal freight transfer facilities; projects that provide access to such facilities; service
improvements on or adjacent to the National Highway System; and projects located within the
boundary of a port terminal under certain conditions.
An eligible project must be included in the applicable State Transportation Improvement Program.
Major requirements include a capital cost of at least $50 million (or 33.3 percent of a state's annual
apportionment of Federal-aid funds, whichever is less) or $15 million in the case of ITS. TIFIA credit
assistance is limited to a maximum of 33 percent of the total eligible project costs. Senior debt must
be rated investment grade. The project also must be supported in whole or in part from user
charges or other non-Federal dedicated funding sources and be included in the state's
transportation plan. Applicable Federal requirements include but are not limited to Titles 23 and 49
of the U.S. Code, NEPA, Buy America provisions, and the Civil Rights and Uniform Relocation Acts.
Qualified projects are evaluated by the Secretary against eight statutory criteria, including among
others, impact on the environment, significance to the national transportation system, and the
extent to which they generate economic benefits, leverage private capital, and promote innovative
technologies.
Further information on project and applicant eligibility is available in Chapter 3 of the TIFIA Program
Guide.
The TIFIA Program Guide also contains more detailed information on:
Best!
Nefretiti D. Harrison
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[1] Data provided by the FHWA Office of Planning, Environment and Realty (HEP)
[2] Data provided by the FHWA Office of Bridges and Structures.
TIFIA Rural Projects Initiative Fact Sheet
RPI Brochure
Last updated: Thursday, October 1, 2020
============================================
DOT Qualified Projects
Qualified Highway or Surface Freight Transfer Facilities include:
Any surface transportation project which receives Federal assistance under Title 23, United States
Code (as in effect on August 10, 2005, the date of the enactment of section 142(m)
Any project for an international bridge or tunnel for which an international entity authorized under
Federal or State law is responsible, and which receives Federal assistance under Title 23, United
States Code (as so in effect)
Any facility for the transfer of freight from truck to rail or rail to truck (including any temporary
storage facilities directly related to such transfers) which receives Federal assistance under Title 23
or Title 49.
Examples of facilities for the transfer of freight from truck to rail or rail to truck include cranes,
loading docks and computer-controlled equipment that are integral to such freight transfers.
Examples of facilities that are not freight transfer facilities include lodging, retail, industrial or
manufacturing facilities. 1
Expending Bond Proceeds
The legislation requires that at least 95 percent of the net proceeds of bond issues be expended for
qualified highways or surface freight transfer facilities within a five-year period from the date of
issue. If this does not occur, the issuer must use all unspent proceeds to redeem bonds of the issue
within 90 days after the conclusion of the five-year period. Alternatively, the issuer may request an
extension of the five-year period if it can establish that the failure to expend the funds was due to
circumstances beyond its control.
Private Activity Bonds and TIFIA
Any surface transportation project which receives Title 23 assistance is qualified to benefit from
private activity bonds. Because projects that receive TIFIA credit assistance are Title 23 projects,
this means that TIFIA projects are also eligible to receive this tax-exempt bonding authority. This
provision therefore extends eligibility to TIFIA-assisted public transportation, intercity bus or rail
facilities and vehicles, including vehicles and facilities owned by Amtrak, public freight rail facilities
or private facilities providing public benefit for highway users, and intermodal freight transfer
facilities. Together TIFIA and private activity bonds should provide substantial incentives for private
equity investment in highway and freight projects.
Applications for Allocations
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U.S. DOT is accepting applications from sponsors interested in receiving authority to use a portion
of the $15 billion in exempt facility. While US DOT has not specified a fixed format for bond
applications, it has identified several pieces of information that would be helpful in facilitating its
consideration of applications. These Include:
Amount of Allocation Requested
Proposed Date of Bond Issuance
The approximate date when it is anticipated that the tax-exempt bonds would be issued should
authority to do so be allocated by the Department.
Date of Inducement by the Bond Issuer
A copy of a resolution adopted in accordance with state or local law authorizing the issuance of a
specific issue of obligations. The resolution may state that issuance of obligations is contingent
upon receipt of an allocation from the Secretary of Transportation of a portion of the
$15,000,000,000 national limitation.
Draft Bond Counsel Opinion Letter
Form of Bond Counsel Opinion or date by which a draft letter will be submitted.
Financing/Development Team Information
The names of the issuer of the bonds, the borrower, and any other key participants in the financing,
with complete contact information, including Federal taxpayer identification numbers.
Borrower Information
For each borrower, the official business name, ownership, and legal structure (corporation,
partnership, or sole proprietorship), Federal taxpayer identification number, and prior experience
as it relates to carrying out projects like that proposed. For the purposes of this Notice, the term
``borrower'' includes any borrower of the bond proceeds or any other entity responsible for re-
paying the bonds.
Project Description
Description of the project as a whole and the proposed organizational and legal structure of the
project (ownership, franchise, or lease arrangements, etc.). Describe the portion of the project and
all capital assets to be funded with the proceeds of the exempt facility bonds. If the application is
for an international bridge or tunnel under section 142(m)(1)(B), the project description should
include a representation that the international entity that has responsibility for the project is
authorized under Federal or state law.
Project Schedule
A timeline showing the estimated start and completion dates for each major phase or milestone of
project development. Indicate the status of milestones on this timeline, including all necessary
permits and environmental approvals.
Financial Structure
A statement of anticipated sources and uses of funds for the project, including separate line items,
as applicable, for proceeds of exempt facility bonds or other borrowing, federal grants, state and
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local grants, other credit assistance, and private investment. Provide a projected drawdown
schedule for the use of funds, project revenue and expenses, and sources of security and
repayment for the bonds.
Description of Title 23/49 funding received by the project
The date (or anticipated date) of receipt and types and amount of financial assistance.
Project Readiness
Description of the financing/development team's capacity to undertake this project. Discuss
readiness to begin the project. List all major permits and approvals necessary for construction of
the project and the date, or projected date, of the receipt of such permits or approvals. Include
information on engineering work, and procurement of construction.
Signatures
Applications should be signed by a duly authorized representative of the proposed issuer and a duly
authorized representative of each proposed borrower. Applications may be submitted by the
proposed issuer or the proposed borrower.
Declarations
Each application, including any supporting reports or other document, should include the following
declaration signed by an individual who has personal knowledge of the relevant facts and
circumstances: "Under penalties of perjury, I declare that I have examined this document and, to
the best of my knowledge and belief, the document contains all the relevant facts relating to the
document, and such facts are true, correct, and complete."
Addresses
Applications should be submitted to:
Build America Bureau
Office of the Secretary
U.S. Department of Transportation
W12-438
1200 New Jersey Avenue S.E.
Washington, DC 20590
202-366-2300
BuildAmerica@dot.gov
Review of Applications
Upon receipt, the US DOT will consider applications considering applicable statutory requirements
and the availability of tax-exempt authority for the type and location of the project for which the
allocation is requested. If the Department needs additional information from an applicant, the
Department will contact the applicant to arrange for the submission the required information. In
making application to the Department, applicants should note that there are no specific standards,
beyond those set forth in applicable laws or regulation, that apply to the consideration of the
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applications. The intent is to provide maximum flexibility in the Secretary's award of the $15 billion
bonding authority. The Department is particularly concerned that once it makes an allocation, tax-
exempt facility bonds are issued in timely fashion. Hence, if the schedules agreed upon in the final
allocation action are not met, the allocation may be withdrawn.
https://www.transportation.gov/buildamerica/financing/forms/forms
Forms
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USDA Rural Development operates over fifty financial assistance programs for a variety of
rural applications. Select a category that best describes your situation and see what RD can
do to assist you. We also offer a list of all programs.
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loans to provide lasting community benefits. Participation in the B&I program offers numerous
benefits to private and public lenders, including risk mitigation, improved liquidity, and the ability to
sell the guaranteed portion of these loans to secondary market investors after loan closing.
USDA Rural Development has received descriptions of potential businesses and land development
(Eco Organic Logistics Land Transport Supply Chain Industrial Urban Park) that Mr. Allal Amrani is
pursuing funding for. The various businesses are intended to be operated at a 50-acre parcel of land
near Outlook, WA. Mr. Amrani has requested that the Agency review descriptions of potential
businesses and overall land development he is pursuing and provide an opinion on whether those
business types are eligible under the regulations that govern the B&I Program. Mr. Amrani intends
to use this opinion as evidence to potential lenders and investors that a B&I loan guaranty could be
pursued on a loan to fund Mr. Armani’s endeavors. Conditioned on meeting all other eligibility
requirements of the B&I Program, which are in part described in Exhibit A to this letter, the
following proposed business types are generally recognized as eligible for the B&I Program (in no
order).
Mr. Amrani has also provided a list of potential uses of funds on the project. The following uses of
loan funds are also, in most circumstances, eligible under B&I Program requirements:
1. Startup costs, working capital, inventory, and supplies purchases in the form of a permanent
working capital loan.
2. Land Purchases
3. Development Costs
4. Startup Costs
5. Business Acquisitions
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6. Construction
7. Conversions, modernizations, and expansions of existing facilities
8. Purchase and repair of equipment and machinery.
9. Projects supported by New Market Tax Credits
10. Debt refinancing under certain conditions
11. Professional service fees
12. Feasibility study fees
The B&I Program is a guaranteed loan program. Lenders are responsible for assessing the
creditworthiness of each loan they consider and ensuring loans have a reasonable assurance of
repayment. Lenders and borrowers can work with investors to structure projects and capital to
satisfy all parties. Lenders have sole responsibility for choosing whether to pursue a given loan or a
guaranty on said loan regardless of potential eligibility for any government loan guaranty program.
Applications for the B&I Program must be submitted to the Agency by the Lender and generally,
lender loan approval conditioned on receipt of the Agency’s commitment to provide a guaranty is
an application requirement. Typically, conditional approval is issued by the Agency within 30 days
of receipt of a complete and eligible loan application. The amount of time lenders/borrowers must
meet the requirements of the Agency’s conditional commitment and fund the loan in question
varies from project to project, but typically is within a year.
If the reader of this letter has any questions about the Business & Industry Guaranteed Loan
Program, please feel free to contact Brandon Hoffman at brandon.hoffman@usda.gov.
Brandon Hoffman
Loan Specialist
Eligible Borrowers:
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• Any legal entity, including individuals, public and private organizations and federally recognized
Indian tribal groups, may borrow. There is no size restriction on the business. Individuals must
be U.S. citizens or legally admitted for permanent residence. Entities must be at least 51 percent
owned by U.S. citizens or persons legally admitted for permanent residence.
• B&I loan funds must remain in the United States and the facility being financed must create
new or save existing jobs for rural U.S. residents.
Eligible Areas:
• B&I loans can be made by commercial or other authorized lenders in rural areas including all
areas other than cities of more than 50,000 people and their immediately adjacent urbanized
area.
Equity Requirements:
• Existing Businesses - A minimum of 10 percent tangible balance sheet equity will be required at
point when the B&I-guaranteed loan is closed.
• New Businesses - A minimum of 20 percent tangible balance sheet equity will be required at
point when the B&I-guaranteed loan is closed.
• Equity is calculated on balance sheets prepared in accordance with Generally Accepted
Accounting Principles (GAAP) and this requirement applies at loan closing.
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Credit Quality:
The Lender is primarily responsible for determining credit quality and must address all the
elements of credit quality in a written credit analysis including adequacy of equity, cash flow,
collateral, history, management, and the status of the industry for which credit is to be
extended.
• One-time fee of 3 percent of the guaranteed principal amount is paid by the Lender to USDA
and may be passed on to the Borrower.
• Fee Example: Loan Amount = $1,400,000. Guarantee: 80%. Guarantee Amount: $1,120,000.
Guarantee Fee: $33,600.
• Annual renewal fee of 0.5% of guaranteed amount of outstanding principal.
• Lenders may charge the Borrower typical loan fees provided they are like those normally
charged other Borrowers for similar loans in the ordinary course of business.
• Professional fees for services rendered in connection with the project may be included as an
eligible loan use of funds.
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• Tourist and recreation facilities, including hotels, motels, and bed and breakfast establishments,
except as prohibited under ineligible purposes.
• Pollution control and abatement.
• Energy projects that are not eligible for the Rural Energy for America Program (REAP) unless
sufficient funding is not available under REAP.
• Projects that process, distribute, aggregate, store, and/or market locally or regionally
produced agricultural food products to support community development and farm and ranch
income, subject to conditions.
Ineligible Loan Use Purposes
They include but are not limited to the following:
• Distribution or payment to an individual owner, partner, stockholder, or beneficiary of the
borrower or a close relative of such an individual when such individual will retain any portion of
the ownership of the borrower.
• Any project more than $1 million that would likely result in the transfer of employment from
one area to another and increase direct employment by more than 50 employees.
• Any project more than $1 million that would increase direct employment by more than 50
employees, if the project would result in an increase in the production of goods for which there
is not sufficient demand, or if the availability of services or facilities is not sufficient to meet the
needs of the business.
• The financing of timeshares, residential trailer parks, housing development sites, apartments,
duplexes, or other residential housing.
• Owner-occupied housing, such as bed and breakfasts, hotels and motels, storage facilities, etc.,
are only allowed when the pro rata value of the owner’s living quarters, based on square
footage, is deducted from the use of loan proceeds.
• Lease payments and lines of credit.
• The guarantee of loans made by other Federal agencies.
• Funds generated through the issuance of tax-exempt obligations shall neither be used to
purchase the guaranteed portion of any Agency guaranteed loan nor shall an Agency
guaranteed loan serve as collateral for a tax-exempt issue.
• Guarantees supporting inherently religious activities.
• Businesses that derive more than 10 percent of annual gross revenue (including any lease
income from space or machines) from gambling activity, excluding State-authorized lottery
proceeds.
• Businesses deriving income from activities of a prurient sexual nature or illegal activities.
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Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
• Racetracks or facilities for the conduct of races by animals, professional or amateur drivers,
jockeys, etc.
• Golf courses and golf course infrastructure, including par 3 and executive golf courses.
• Cemeteries.
• Research and development projects and projects that involve technology that is not
commercially available.
• Any project that the Agency determines creates a conflict of interest or an appearance thereof
between any parties related to the project.
• Guarantees where the lender or any of the lender's officers has an ownership interest in the
borrower or is an officer or director of the borrower.
• Other than cooperative stock purchase loans and cooperative equity security guarantees in
accordance with § 4279.115, guarantees supporting investment or arbitrage or speculative real
estate investment.
• Lending and investment institutions and insurance companies.
• Charitable or fraternal organizations.
• Any business located within the Coastal Barriers Resource System that does not qualify for an
exception.
• Any business located in a special flood or mudslide hazard area as designated by the Federal
Emergency Management Agency in a community that is not participating in the National Flood
Insurance Program unless the project is an integral part of a community’s flood control plan.
• Any project that drains, dredges, fills, levels, or otherwise manipulates a wetland or engages in
any activity that results in impairing or reducing the flow, circulation, or reach of water, except
in the case of activity related to the maintenance of previously converted wetlands. This does
not apply to loans for utility lines.
GEOGRAPHICAL MARKET:
The project will be promoted strongly in the following countries: United States, Holland,
Luxembourg, Belgium, France, Germany, England, Spain, Saudi Arabia, Kuwait, Bahrain,
United Arab Emirate, Switzerland, Italy, Gibraltar, and Morocco.
POTENTIAL PROSPECTS:
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Formulated by ALLAL AMRANI
Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
The project will be offered to oil companies, trade firms, early retirement, convention
agencies, the movie industry, government agencies, Moroccan immigrants in Europe, time
share companies, real estate investment firms, and the local public.
GOLF TOURNAMENT:
The golf course is an asset to the project that will offer a tremendous exposure for this
venture. The project Promoter believes strongly in organizing a Tournament event, offering a
prize that will supersede any tournament in the world of Golf. Only the top players will be
invited. The broadcast of the tournament will be offered on a bid basis to advertising
companies and broadcast firms. In addition to the tournament, the golf course will be
promoted in country clubs around the world, especially in Europe and the United States.
THE MARINA:
The marina will enhance the marketing of the project solely on the merit of the availability of
the existing yacht and sailboat owners in the main Port of Tangier, the Port of Gibraltar, the
Port of Algeciras, the Port of Canary Islands, and the Port of Malaga. In addition, the marina
will be promoted in all yacht clubs along the coast of the Mediterranean Sea.
EMBASSIES:
The literature and promotional sale brochures will be sent to every Moroccan Embassy in the
world. Also, all foreign embassies in Morocco will receive the same and will be visited by the
project representative.
VIRTUAL REALITY:
To expedite the sale of the project and the marketing presentation prior to breaking ground
on the development, KHALDY=INN VILLAGE will introduce VIRTUAL REALITY marketing
concept in conjunction with a full Videocassette of the development site and the cities of
Tangier and Morocco.
TRADE:
All companies involved in the project directly or indirectly would be required to receive
percentage payment with trade according to the amount involved in the transaction.
A certain percentage of the project will be offered under a blanket option to investment
firms, individuals who paid the full amount of the first transaction. The option will be offered
on future building only. The down payment and the Option criteria will be decided later.
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Formulated by ALLAL AMRANI
Incorporated in WA State, USA. Info@GlobalFaiths.org; 206-788-7190
The advertising and promotion subject is a special element to the Project. The utmost
attention will be given in searching for a unique firm that has the expertise in promoting such
a project and has handled a similar project in the past, including print and broadcast
advertising.
EXHIBITION:
Exhibitions are an exceptional venue for such a development and new venture. The project
will be exhibited in every geographical market indicated above including events such as real
estate and travel industry conventions.
FINANCING:
The local general buyer is accustomed to purchasing properties and paying cash. The project
will offer financing on a case-by-case basis to teachers, bank officers, post office employees,
and upper and middle management level government agencies. The qualification criteria
shall be set according to the General Investment Code of the Moroccan Government.
SALES STAFF:
The sales staff will be composed of five divisions: Apartment, Chalet, Bungalows, Villas and
Recreation divisions. Each associate will be assigned exclusively to a building or a subdivision
accordingly by class (L= Luxurious; M= Medium; E= Economic). Progress must be attained
within ninety days and maintained; otherwise, the associate will be transferred or replaced.
BROKERS:
A certain percentage of the project will be offered on an agency exclusive basis to real estate
companies that operate world-wide, especially in Europe and the United States. Also, an
invitation to market the project will be sent to the top producing real estate companies in
cities where the project is promoted.
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