Sentences with phrase «loan guarantee program for»

Increase and make permanent the Innovative Technology Loan Guarantee Program for opening, expanding or modernizing facilities to manufacture offshore wind turbine components, and extend this program to turbine installation vessel manufacturing.
Moreover, most of the the funds for cash for clunkers came by shifting money from the loan guarantee program for renewable energy, which is designed to make it easier to invest in and expand green energy projects.
It also wants a $ 50 billion loan guarantee program for building refineries and related infrastructure.
With respect to financing assistance for energy projects, I think there are at least three top priorities for early attention in this Congress: reforming the current loan guarantee program for clean energy projects, providing financing support for advanced energy manufacturing in this country, and providing reasonable stability and predictability in the tax provisions that apply to clean energy projects and technologies.
The U.S. Chamber's Global Energy Institute has joined a broad coalition to send a letter to Senate and House leaders urging them to preserve the Department of Energy's loan guarantee program for nuclear energy.
At the Federal Highway Administration, Tom led a national team of more than 50 lawyers providing legal and policy counsel to the agency's leadership on a wide range of regulatory and policy issues affecting transportation infrastructure, including environmental review and permitting for transportation projects; compliance with Buy America requirements; investigation of civil rights complaints filed under Title VI of the Civil Rights Act; implementation of federal grant, loan, and loan guarantee programs for transportation projects; and development of major rulemakings and guidance documents implementing recent federal transportation legislation.

Not exact matches

The incentive program — consisting of a 90 percent government guarantee on the SBA's flagship 7 (a) loans for start - ups and small businesses, as well as a trim or total cut of the fees on 7 (a) and 504 loans — was set to expire February 28.
Under this program, the SBA guarantees loans for up to $ 1.25 million for a combination of fixed - asset financing and working capital needs (though the working capital portion of the guarantee is limited to $ 750,000).
The Export Working Capital Program (EWCP) guarantees loans for qualified small businesses engaged in export transactions.
Under the program, the SBA guarantees for up to 85 percent of the amount of the amount of the loan.
The U.S. House of Representatives approved a bill lifting the SBA's lending cap for its largest loan guarantee program to a record $ 23.5 billion.
Because of the guarantee program, borrowers who might not be able to completely collateralize a loan or otherwise qualify for a traditional loan at the bank may qualify for an SBA loan.
Because a small business loan is considered a higher - risk loan, to reduce that risk to the lender, the SBA will frequently guarantee 50 % to 85 % of an eligible loan (within their 7 (a) loan program, for example).
Aside from the SBA — which has a guarantee program for well - qualified startups — there aren't a lot of small business loan options for very early stage startups.
Although the loan guarantee program is only one of many things the SBA does to help small businesses, because they recognize that access to capital is a big challenge for many of the businesses they serve, they've made some recent changes that portend a positive impact for small businesses.
In order to be eligible for the Army's Loan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmLoan Repayment Program, the applicant is required to enlist in the Army with at least a high school diploma, score at least a 50 on the Armed Forces Qualification Test, hold a loan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollmloan that is guaranteed under the Higher Education ACT, agree to serve in a critical military occupational specialty, have a written contract, and decline Montgomery GI Bill enrollment.
Not all banks participate in the SBA loan guarantee program, so if you're looking for an SBA loan, you can start your search with SBA.gov to find the SBA lenders in your area.
Explain any government assistance or loan guarantee programs you intend to apply for.
The program is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA cprogram is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA charLoan Program, or the «Section 502 loan», named for its place in the USDA cProgram, or the «Section 502 loan», named for its place in the USDA charloan», named for its place in the USDA charter.
The U.S. Department of Veterans Affairs has guaranteed more than 20 million home loans since the VA Loan program was launched in 1944 as part of a program for returning World War II veterans.
The eligibility requirements for a direct USDA mortgage are more stringent than those for the loan guarantee program.
Garrett, who lost his bid for re-election in 2016, is part of the wing of the Republican Party that sees the Ex-Im Bank's loan, insurance and guarantee programs as corporate welfare that mainly benefits large companies.
They voted for cuts in Energy Department programs that guaranteed loans for production of clean cars and the use of solar energy technology.
Steps should include the continuation of loan guarantees and cost - sharing programs for building pilot biofuel plants, support for flex - fuel vehicles that can burn both gasoline and biofuels, and R&D incentives from the departments of energy and agriculture.
The model produces different jobs and growth projections for a business - as - usual scenario with no technology breakthroughs or major new policies, and then generates different outcomes by factoring in new policies such as a national clean energy standards such as proposed by President Obama; increases in corporate average fuel economy standards; tougher environmental controls on coal - fired power generators; extended investment and production tax credits for clean energy sources and an expanded federal energy loan guarantee program.
One program on the hot seat is the Energy Department's loan guarantee program, which Korsnick today called essential for financing.
The Heritage Foundation and other conservative groups, on the other hand, have called for gutting the program, and a GOP - controlled House Science, Space and Technology panel has teed up a hearing next week dubbed «Risky Business: The DOE Loan Guarantee Program.program, and a GOP - controlled House Science, Space and Technology panel has teed up a hearing next week dubbed «Risky Business: The DOE Loan Guarantee Program.Program
The bill also contains authorization for DOE to fund a loan - guarantee program designed to restart U.S. rare earth - mining operations.
The measure would also eliminate the loan guarantee program as Trump requested, although it would provide funds for administrative expenses for continued monitoring of issued loans.
Through awards of loan guarantees, DOE is trying to shore up U.S. companies with today's technology at the same time that it targets R&D funds from the stimulus program toward «game changing» technology breakthroughs for the future.
This is in addition to including the total Federal awards expended for loan or loan guarantee programs in the schedule.
(5) For loan or loan guarantee programs described in § 200.502 Basis for determining Federal awards expended, paragraph (b), identify in the notes to the schedule the balances outstanding at the end of the audit periFor loan or loan guarantee programs described in § 200.502 Basis for determining Federal awards expended, paragraph (b), identify in the notes to the schedule the balances outstanding at the end of the audit perifor determining Federal awards expended, paragraph (b), identify in the notes to the schedule the balances outstanding at the end of the audit period.
For instance, charter schools in rural areas are eligible for loan guarantees under a U.S. Department of Agriculture progrFor instance, charter schools in rural areas are eligible for loan guarantees under a U.S. Department of Agriculture progrfor loan guarantees under a U.S. Department of Agriculture program.
The South Carolina Supreme Court held that using public money to guarantee student loans for students attending private schools did not violate South Carolina's Blaine Amendment because the program is religiously neutral and supports higher education, not institutions of higher education.
According to Public Works Financing, the collapse of Abengoa would also deal a blow to the Obama administration's clean energy program, since «starting in 2010, the U.S. Department of Energy provided Abengoa with loan guarantees and grants to support $ 4 billion in financing for two utility scale solar power projects in Arizona and California.»
The TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide 3 forms of credit assistance — secured (direct) loans, loan guarantees, and standby lines of credit.
In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).
The TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance — secured (direct) loans, loan guarantees, and standby lines of credit.
Under the TIFIA program, the DOT provides secured direct loans, lines of credit, and loan guarantees to public and private applicants for eligible surface transportation projects.
Freight projects are also eligible for the Railroad Rehabilitation & Improvement Financing (RRIF) program which provides up to $ 35 billion in loans and loan guarantees.
(Sec. 11608) Authorizes DOT to enter into a master credit agreement (to make one or more direct loans or loan guarantees at future dates for a program of related projects secured by a common security pledge) contingent upon prior satisfaction of specified conditions.
Authorizes DOT, upon request, to allow a state to use its apportionment of national highway performance program funds to pay subsidy and administrative costs of Transportation Infrastructure Finance and Innovation Act (TIFIA) program secured loans, loan guarantees, or credit for surface transportation projects for a state, local government, public authority, public - private partnership, or any other legal entity.
Both loan programs require applicants to personally guarantee the loan — that is, to be personally responsible for repaying it if the business can't — and to put up some sort of collateral.
In addition to providing comprehensive small business bank accounts and merchant services, the bank is the most active participant in the Small Business Administration's 7 (a) program for government - guaranteed loans.
For the guaranteed loan program, the USDA FSA sets a maximum interest rate that lenders can not exceed, but the actual rate will be negotiated by you and your lender.
The eligibility criteria for the guaranteed loan program is very similar; however, the lender will decide what acceptable credit history is.
The program is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA cprogram is officially known as the USDA Rural Development Guaranteed Housing Loan Program, or the «Section 502 loan», named for its place in the USDA charLoan Program, or the «Section 502 loan», named for its place in the USDA cProgram, or the «Section 502 loan», named for its place in the USDA charloan», named for its place in the USDA charter.
Sometimes called Rural Housing Loan this is a program guaranteed by United States Department of Agriculture for a buyer's primary residence in a qualified USDA area who meets USDA income eligibility requirements.
Another arm of PHEAA — AES — guarantees and services a variety of Federal Family Education Loan (FFEL) Program and private student loan products for lending partnLoan (FFEL) Program and private student loan products for lending partnloan products for lending partners.
That's why it will look for help from one of those government programs to guarantee a portion of the loan.
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