|Program Goal: To increase availability of, funding for, access to, and provision of assistive technology (AT) devices and assistive technology services.|
|Objective 1 of 1: Reduce barriers associated with the cost of assistive technology devices and services for individuals with disabilities.|
|Indicator 1.1 of 1: Alternative Funding Program (AFP): The amount loaned per $1 million federal investment.|
Source: Additional Source Information: Annual web-based reporting system. The annual federal investment data are shown in the fiscal year following the year of actual appropriation. For example, the $3.79M shown in FY 2001 was appropriated in FY 2000.
Next Data Available: September 2006
TA provider verifies grantee data.
Limitations: Not all grantees reported in 2004. The data represents only 18 of 31 grantees. There were several reasons not all reported: (1) The data collection instrument was not OMB approved, so grantees were not required to report using the web-based system and some chose not to. Only the data of those who used the system is reported, so the number of loans and value of loans is underreported. (2) Many programs were not yet up and running so they could not provide loans.
Improvements: The data collection instrument was approved by OMB in 2005 and is now in use by almost all AFPs. However, a shutdown of the data system for many months has caused a backlog in data entry and the loss of some data.
Explanation: FY 2001 was the first year that the AFP operated. The ATA was reauthorized in October 2004. This is a new efficiency measure for the Alternative Financing Program (AFP). The amount loaned by each state will vary greatly, depending on the type of loans states use to make alternative financing available (e.g., guaranteed loans, interest rate buy-down loans, non-guaranteed low interest loans, guaranteed and interest rate buy-down loans, and direct loans) and the difference in the amount paid from the AFP permanent account to cover administrative and program costs. The number of loans are FY 2001 = 247, FY 2002 = 594, FY 2003 = 753, FY 2004 = 1119.
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