The guidelines are intended to facilitate loans to the private sector to support domestic industrial base capabilities.

Key Points:

..Under the new DFC-DPA Loan Program, DFC will extend loans in amounts of up to US$500 million for the next two years to eligible projects located in the United States and its territories, and may be structured as a balance sheet, corporate-type financing or a non-recourse or limited-recourse project financing.

..The loans are aimed at private sector companies seeking financing to establish, expand, convert, or modernize their US production capacity or retool and restructure their supply chains, whether as part of the national response and recovery to the COVID-19 pandemic or simply to address supply chains vulnerable to disruptions.

..The DFC guidelines are effective immediately so as to enable DFC to begin swift implementation of the DFC-DPA Loan Program.