- Troubled Asset Relief Program: Most Community Development Capital Initiative Investments Remain Outstanding, GAO-16-626: Published: Jul 5, 2016. Publicly Released: Jul 5, 2016: “As of March 31, 2016, the Department of the Treasury (Treasury) had approximately 76 percent of the original Community Development Capital Initiative (CDCI) investment outstanding and 57 institutions remained. Treasury’s total investment was about $570 million. Treasury received about $136 million in principal repayments and had written off about $7 million. The program’s outstanding investment balance was $427 million. Treasury had received about $57 million in dividend and interest payments from program participants. Treasury’s most recent estimate of the program’s lifetime cost was about $87 million (as of November 2015). Representatives from trade associations whose member institutions received CDCI capital noted that the program has allowed institutions to maintain and increase lending to their communities.”
- U.S.-China Cooperation: Bilateral Clean Energy Programs Show Some Results but Should Enhance Their Performance Monitoring, GAO-16-669: Published: Jul 5, 2016. Publicly Released: Jul 5, 2016: “n fiscal years 2008–2015, U.S. agencies obligated a total of about $97 million for clean energy cooperation with China. Two-thirds of this money was obligated for three key programs…”
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