20.802 — Federal Ship Financing Guarantees/Economic Development
- Federal Agency:
- maritime administration (marad), department of transportation
- Program Website:
- http://www.dot.gov.
- Authorization:
- Federal Credit Reform Act, 46 U.S.C 537.
- Headquarters:
- Debra Lessans, 1200 New Jersey Avenue, S.E., Washington, District of Columbia 20590 Phone: (202) 366-8929.
Program Summary and Objectives
To provide competitive financing through the issuance of guarantees of debt issued for the purpose of financing or refinancing the construction, reconstruction or reconditioning of vessels built in United States shipyards and guarantee obligations for advanced shipbuilding technology and modern shipbuilding technology of a general shipyard facility located in the United States to stimulate commercial ship construction for domestic and export sales, encourage shipyard modernization, and support increased productivity.
Examples of Projects Funded
Fiscal Year 2010: No Current Data Available Fiscal Year 2011: No Current Data Available Fiscal Year 2012: No Current Data Available
Program Accomplishments
Fiscal Year 2010: No Current Data Available Fiscal Year 2011: There are five applications pending. Fiscal Year 2012: No Current Data Available