The U.S. Department of Energy (DOE) is proposing to repurpose $2 million dollars of American Recovery and Reinvestment Act (ARRA) funds awarded to …
Office of NEPA Policy and Compliance
April 9, 2024
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The U.S. Department of Energy (DOE) is proposing to repurpose $2 million dollars of American Recovery and Reinvestment Act (ARRA) funds awarded to the City of Indianapolis, Indiana (Recipient) from a revolving loan fund (RLF) to a green bank. This would reduce the City’s loan loss reserve from approximately $2.5 million to $512,000.00.