a loan or loan guarantee under this Act. (l) Policy of Congress It is the policy of Congress that IFA shall only make a direct loan or loan guarantee under this Act if IFA determines that IFA is reasonably expected to recover the full amount of the direct loan or loan guarantee. 203. Project Delivery Task Force (a) Establishment There is established within IFA the Project Delivery Task Force, which shall be overseen by the Chief Executive Officer. (b) Functions If an eligible infrastructure project receives financing from IFA, or the Chief Executive Officer, after reviewing an application for such financing, determines that such a project will be approved, the Task Force, in close consultation with appropriate permitting agencies, shall— (1) establish or update a permitting timetable for the proposed project, which ensures that the environmental review process is completed as soon as practicable