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Yarmuth: Ford Receives $5.9 Billion Federal Loan to Help Produce Fuel-Efficient Vehicles in Louisville
Friday September 18, 2009
“I was proud to support the legislation that established this federal loan program that is now providing resources Ford will use to create jobs and drive clean energy innovation,” said Congressman Yarmuth. “Most importantly for
A $5.9 billion loan to Ford was announced yesterday as part of the federal government’s Advanced Technology Vehicles Manufacturing Loan Program. This program provides funding to help auto companies produce cars in the
The Loan Program was created by the Energy Independence and Security Act of 2007, which Congressman Yarmuth supported during his first year in Congress.