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Could funding from a loan fund (that is capitalized with both private and some federal funding) used to provide retrofits be counted as leverage?

April 26, 2017capitalized Federal fund funding loan private retrofits Used

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Could funding from a loan fund (that is capitalized with both private and some federal funding) used to provide retrofits be counted as leverage?

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The non-federal portion of a loan fund that is used to support retrofits may be included as leverage. For example, if the loan fund was capitalized with $3 of private funding for every $1 of federal funding, this would be considered 3:1 leveraging.