5. Hometown Development Program
Allocation tax measures are taken for expenses incurred in various projects aimed at actively promoting independent local development by each municipality, taking advantage of the area's special characteristics.
6. Regional Development Fund and local bond for Regional Development Fund project
Since 1989, if private entrepreneurs engaged in private project activities linked to promotion and revitalization of the region procure capital by means of a loan, they have been able to receive non-interest Regional Development Fund loans (so-called "furusato loans") from the local government for up to 20% (25% in depopulated areas). As for the remaining 80% (75% in depopulated areas) or more, they can receive cooperative loans (including local government system loans, loans from the parent company and NTT non-interest loans) from financial institutions (the choice is left up to the entrepreneur regardless of whether private or government-related).
The source of non-interest loans offered by local government is procured by local bonds for Regional Development Fund projects, but 75% of the interest on these local bonds (50% is related to the cost of acquiring land) is the standard financial demand for calculating ordinary allocation tax in accordance with revised project costs.
Whether the private entrepreneur using this system to obtain a loan belongs to the third sector or not is irrelevant.
7. NTT non-interest loan
This non-interest loan system was established in 1987 using the income from the sale of NTT stock, with the aim of utilizing part of the income from the sale of NTT stock to promote the building up of social capital. (Law for special measures concerning promotion of establishment of social capital by utilizing income from the sale of Nippon Telegraph and Telephone Company stock.)
8. emergency project for promoting settlement of youth in a particular area
Support is given to projects implemented mainly on the theme of promoting the settlement of young people who will be responsible for
