20.812: Construction Reserve Fund
Alternate Name: Construction Reserve Fund CRF
Overview
Program Number
20.812
Status
Inactive
Last Modified
July 25, 2022
Date Posted
July 25, 2022
Objective
To promote the construction, reconstruction, reconditioning, or acquisition of merchant vessels built and documented under the laws of the United States for purposes of national defense and the development of U.S. commerce.
Type of Assistance
C - Direct Payments for Specified Use
Applicant Eligibility
A Construction Reserve Fund (CRF) may be established by any citizen of the United States who owns, in whole or in part, a vessel or vessels operating in the foreign or domestic commerce of the U.S., or in the fisheries. Additionally, any citizen who is operating such vessel or vessels owned by another individual may establish a CRF.
Beneficiary Eligibility
Any citizen of the United States who owns, in whole or in part, a vessel or vessels operating in the foreign or domestic commerce of the U.S. or in the fisheries. Additionally, any citizen who is operating such vessel or vessels owned by another individual.
Additional Information
Grant Awards
Construction Reserve Fund direct grants
Grant Opportunities