; (B) that would— (i) protect, restore, or improve National Forest System land; and (ii) use a conservation finance model that employs a debt financing approach that uses loaned capital from a conservation finance project investor to cover up-front project costs, with the loaned capital repaid over time by conservation finance project beneficiaries; and (C) the purpose of which is to conduct ecological restoration treatments that, at the time of selection for a conservation finance agreement under the pilot program established under section 103(a)— (i) are conducted under the Collaborative Forest Landscape Restoration Program established under section 4003 of the Omnibus Public Land Management Act of 2009 ( 16 U.S.C. 7303 ); (ii) (I) were previously conducted under the Program described in clause (i); (II) are no longer eligible for funding under that Program due to a time limitation under subsection (b)(1)(B) or (d)(4)(B) of that section; and (III) are otherwise eligible for funding under that Program; (iii) are conducted by a water source investment partnership established under section 303(c) of the Healthy Forests Restoration Act of 2003 ( 16 U.S.C. 6542(c) ); or (iv) are conducted under the Joint Chiefs Landscape Restoration Partnership Program established under section 40808 of the Infrastructure Investment and Jobs Act ( 16 U.S.C. 6592d ). (3) Conservation finance project beneficiary The term conservation finance project beneficiary means a nonprofit, for-profit, or Federal, State, local, or Tribal governmental entity or individual that— (A) benefits from conservation finance project outcomes; and (B) (i) provides capital directly to fund a conservation finance project