eligible recipient

(1) Eligible recipient The term “eligible recipient” means a nonprofit organization that— (A) is designed to provide capital, leverage private capital, and provide other forms of financial assistance for the rapid deployment of low- and zero-emission products, technologies, and services; (B) does not take deposits other than deposits from repayments and other revenue received from financial assistance provided using grant funds under this section; (C) is funded by public or charitable contributions; and (D) invests in or finances projects alone or in conjunction with other investors.


42 USC § 7434(c)(1)

Scoping language

In this section
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