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Business Glossary
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Definitions for: Construction Loan Note (CLN)
Construction Loan Note (CLN)

note issued by a municipality to finance the construction of multi-family housing projects. The notes, which typically mature in three years or less, are normally repaid out of the proceeds of a long-term bond issue.

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Industry Associations

Industry Associations
Residential Construction Workers' Association
Represents the interests of residential construction workers. Aims to improve the lives of all workers employed in residential construction. Provides job and social service referrals. Informs workers of their rights ...