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Webinar with Department of Energy on Direct Loan Solicitation as part of the Loan Programs Office
July 28, 2022 @ 1:00 am - 2:00 am EDT
|NAFOA will host a webinar with the Department of Energy on Thursday, July 28, at 1:00pm Eastern Time to discuss updates to the Loan Guarantee Program. Interest and relevance of domestic investment in energy increases each week notwithstanding uncertainties. There is no debate that energy development can boost Tribal economies. Moreover, the impact of the pandemic has emphasized the value of diversifying tribal economies.
FSA Advisors will discuss strategies to borrow in this interest rate environment and Federal credit policy and the Department of Energy’s Loan Programs Office (LPO) will outline how to apply for a direct loan based upon a new Solicitation. LPO has announced important changes to the Program to finance Tribe’s investments in energy. These include key changes to the debt capital program, aimed at increasing tribal energy development to unlock the energy potential of Indian Country. This includes the ability to offer loans through the Federal Financing Bank directly to tribes. NAFOA welcomes staff from the Department of Energy and LPO office to discuss these changes and how tribes can use them to their advantage.
This webinar will take place July 28th from 1:00pm to 2:00pm Eastern Time and will be recorded. Registration is required to join.