On the absence of an OSC loan, is the venture financially viable ( e

On the absence of an OSC loan, is the venture financially viable ( e

  • have been in a great CTC, and you will
  • are not a phenomenon one to solely enjoys protection apps.

Because of it inaugural NOFA, OSC is designed to finance the new procurement or rehabilitation out-of devices getting design process on CTCs.

C. Point 8140 Eligibility Standards

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OSC have a tendency to evaluate project programs to have existing Government engagement. Brand new Part 8140 Qualifications Criteria was build pursuant in order to section 8140 of the Appropriations Act. The 3rd proviso off point 8140 requires the Secretary of Coverage together with Movie director of the Work environment out of Management and you will Finances (OMB) to help you together develop criteria getting eligibility having lead money and you can mortgage guarantees you to definitely restrict Government involvement in the a venture similar to the criteria towards financial medication provided for during the point 504 of your Government Borrowing Reform Operate out of 1990 (FCRA; 2 You.S.C. 661c) and according to the advice included in the 1967 Declaration from the President’s Percentage on the Finances Maxims. Leggi tutto “On the absence of an OSC loan, is the venture financially viable ( e”