FAST-41 Missed Date:Section 408 Permit: Issuance of Decision (Agency Action)
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The Advanced Technology Vehicles Manufacturing (ATVM) direct loan program was established in Section 136 of the Energy Independence and Security Act of 2007 to support the production of fuel‐efficient, advanced technology vehicles and qualifying components in the United States. The ATVM loan program provides direct loans to automotive or component manufacturers for reequipping, expanding, or establishing manufacturing facilities in the U.S. that produce fuel‐efficient advanced technology vehicles or qualifying components, or for engineering integration performed in the U.S.
The Title XVII innovative clean energy projects loan program (Title XVII) provides loan guarantees to accelerate the deployment of innovative clean energy technology. The U.S. Department of Energy is authorized to issue loan guarantees pursuant to Title XVII of the Energy Policy Act of 2005. Loan guarantees are made to qualified projects and applicants who apply for funding in response to open technology‐specific solicitations.