; and (B) an identification of key updates made by the agencies described in paragraph (5). (e) Treatment of equity investments at the Development Finance Corporation Section 1421(c) of the BUILD Act of 2018 ( 22 U.S.C. 9621(c) ) is amended by adding at the end the following: (7) Treatment of equity investments (A) In general Subject to subparagraphs (B) and (C), support provided under paragraph (1) with respect to a project shall be considered a Federal credit program that is subject to the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661 et seq. ) for purposes of applying the requirements of such Act to such support. (B) Determination of cost (i) In general The cost (as defined in subsection 502(5) of the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661a(5) )) of support provided under paragraph (1) with respect to a project shall be the net present value, at the time when funds are disbursed to provide the support, of the following estimated cash flows: (I) The purchase price of the support. (II) Dividends, redemptions, and other shareholder distributions during the term of the support. (III) Proceeds received upon a sale, redemption, or other liquidation of the support. (ii) Changes in terms included The estimated cash flows described in subclauses (I) through (III) of clause (i) shall include the effects of changes in terms resulting from the exercise of options included in the agreement to provide the support. (C) Treatment of risk (i) In general The Corporation shall hold in reserve an amount equal to 5 percent of the amount of financing outstanding under paragraph (1) to ensure that the Corporation has funds available if necessary as a result of— (I) any difference between the cost of support under paragraph (1) estimated before the date of the enactment of the Americas Act and reestimated, as required by this paragraph, after such date of enactment