; . II Authorities 201. Authorities relating to provision of support (a) Lending and guaranties (1) In general The Corporation may make loans or guarantee loans upon such terms and conditions as the Corporation may determine. (2) Denomination Loans and guaranties issued under paragraph (1) may be denominated and repayable in United States dollars or foreign currencies. (3) Applicability of Federal Credit Reform Act of 1990 Loans and guaranties issued under paragraph (1) shall be subject to the requirements of the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661 et seq.). (b) Equity investments (1) In general The Corporation may, as a minority investor, support projects with funds or use other mechanisms for the purpose of purchasing, and may make and fund commitments to purchase, invest in, make pledges in respect of, or otherwise acquire, equity or quasi-equity securities or shares or financial interests of any entity, including as a limited partner or other investor in investment funds, upon such terms and conditions as the Corporation may determine. (2) Denomination Support provided under paragraph (1) may be denominated and repayable in United States dollars or foreign currency. (3) Guidelines and criteria The Corporation shall develop guidelines and criteria to require that the use of the authority provided by paragraph (1) with respect to a project has a clearly defined development rationale, taking into account the following factors: (A) The support for the project would be more likely than not to substantially reduce or overcome the effect of an identified market failure in the country in which the project is carried out. (B) The project would not have proceeded or would have been substantially delayed without the support. (C) The support will meaningfully contribute to transforming local conditions to promote the development of markets. (D) The support can be shown to be aligned with commercial partner incentives. (E) The support can be shown to have significant developmental impact and will contribute