Regarding the absence of an enthusiastic OSC mortgage, ‘s the opportunity financially viable ( elizabeth
- have been in an effective CTC, and you will
- are not a sensation one to entirely enjoys safety apps.
For this inaugural NOFA, OSC aims to loans this new procurement or rehabilitation regarding devices to own development processes regarding the CTCs.
C. Part 8140 Qualifications Conditions
OSC will take a look at opportunity programs having present Government wedding. The fresh Point 8140 Qualification Requirements were set-up pursuant to part 8140 of your own Appropriations Operate. The third proviso from point 8140 necessitates the Assistant away from Defense while the Manager of Office regarding Government and you will Funds (OMB) to as you make standards to have qualifications to own direct financing and you may mortgage pledges one to restriction Government involvement inside the a project similar to the requirements with the financial medication provided for inside section 504 of one’s Federal Borrowing from the bank Reform Work out of 1990 (FCRA; dos You.S.C. 661c) and according to the guidance part of the 1967 Declaration out of this new President’s Fee into the Budget Axioms. All individuals distribution programs to own funding around it NOFA need certainly to done responses to the Area 8140 Eligibility Conditions. OSC and you may OMB can do a holistic review of the brand new responses with the Part 8140 Qualifications Standards answers and discover if the application matches the fresh standards.
Government Qualifications Threshold Concerns
step one. ‘s the potential borrower seeking resource for a job or exchange which will make an occurrence, product, advantage, and/or service by which the federal government ‘s the best member?
dos. ‘s the possible debtor seeking to resource for a venture otherwise deal which will make an event, tool, resource, and/or solution in which installment are bulk influenced by most recent otherwise anticipated Government offer ( age.g., has or deals)? Read more