; financeability A project is not be eligible for financial assistance from IFA under this Act if— (1) the use or purpose of such project is private or such project does not create a public benefit, as determined by the Board of Directors; or (2) the applicant is unable to demonstrate, to the satisfaction of the Board of Directors, a sufficient revenue stream to finance the loan that will be used to pay for such project. (b) Financial criteria If the project meets the requirements under subsection (a), an applicant for financial assistance under this Act shall demonstrate, to the satisfaction of the Board of Directors, that— (1) for public-private partnerships, the project has received contributed capital or commitments for contributed capital equal to not less than 10 percent of the total cost of the eligible infrastructure project for which assistance is being sought if such contributed capital includes— (A) equity; (B) deeply subordinate loans or other credit and debt instruments, which shall be junior to any IFA assistance provided for the project; (C) appropriated funds or grants from governmental sources other than the Federal Government; or (D) irrevocable private contributions of funds, grants, property (including rights-of-way), and other assets that directly reduce or offset project costs; and (2) the eligible infrastructure project for which assistance is being sought— (A) is not for the refinancing of an existing infrastructure project; and (B) meets— (i) any pertinent requirements set forth in this Act; (ii) any criteria established by the Board of Directors under subsection (c) or by the Chief Executive Officer in accordance with this Act