What does it mean when AEOA is stating that the funding is site-specific?
AEOA has received funding from a variety of different sources. One of the capital funding sources is IRS tax credits. This accounts for over $1.3 million of our $2 million construction budget. Once IRS tax credits are awarded, they must stay with the site that they were awarded for. Loss of site control will result in AEOA losing the tax credits awarded. Without the tax credits, there is no project.