Can funding from the Advanced Technology Vehicles Manufacturing Incentive Program (ATVMIP) be included in the determination of financial viability?
A. The statute and the Interim Final Rule require that the recipient of a loan be “financially viable without the receipt of additional Federal funding associated with the proposed eligible project.” Funds received (or anticipated to be received) from the ATVMIP program itself may be counted when determining financial viability.
Related Questions
- Can funding from the Advanced Technology Vehicles Manufacturing Incentive Program (ATVMIP) be included in the determination of financial viability?
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