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Overview: Forgivable loan (FL) is secured by a pledge of collateral, typically unencumbered assets/cash. Within this funding option, the loan is forgiven and the asset is transferred to the tax-exempt entity upon project, or project phase completion.
Qualifications: Minimum amount is 150MM USD not to exceed 500MM USD world wide.
Organizations with projects that can demonstrate substantial and sustainable social and economic gains from the implementation of their proposed…Continue