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2023 Commitment Pace Lags Slightly

Sixty days from the close of the Funding Year 2023 application filing window, USAC has issued $1.26 billion in funding commitments. While significantly higher than the same time period in Funding Year 2019 and prior, 2023’s commitment pace is slightly behind Funding Year 2022:

So far, USAC has processed 34,695 FRNs out of a total of 54,290 for FY2023:

Analysis
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