Not known Facts About 2423 loan
Not known Facts About 2423 loan
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(two) the administration of any loan certain underneath this subchapter ahead of the efficient day with the termination of authority.
In analyzing the capability-to-pay back of Indian tribe project beneficiaries, the Secretary may perhaps think about deferring the collection of all or Section of the non-Federal development charges apportioned to Indian tribe job beneficiaries Unless of course or until eventually the Secretary decides which the Indian tribe challenge beneficiaries must shell out—
(six) the extent to which the project and choices benefit from financial incentives and the usage of market place-based mostly mechanisms;
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(2) the administration of any loan confirmed underneath this subchapter ahead of the efficient day from the termination of authority.
The phrase "System" implies The agricultural drinking water supply application completed under part 2402 of this title.
An obligation shall be subject to your problem that the obligation will not be subordinate to other financing.
(four) rural water courses in other companies and a description of your extent to which All those packages present assist for rural drinking water offer projects and water therapy programs in Reclamation States, which includes an assessment of the requirements, funding ranges, and disorders of eligibility with the courses assessed;
A loan assurance less than this section shall deliver for finish amortization of the loan warranty within just not more than 40 yrs.
Not afterwards than one yr once the day on which the eligibility requirements are revealed inside the Federal Sign-up beneath portion 2422(a) of this title, and each two a long time thereafter, the Secretary shall post on the Committee on Strength and Normal Means in the Senate and the Committee on Resources of your house of Reps a report that describes the implementation of the loan assurance program underneath portion 2423 of this title.
In conducting a feasibility study of the rural drinking water supply method that features a Group by using a inhabitants in excess of 50,000 inhabitants, the Secretary may well call for the non-Federal venture entity to pay a lot more than fifty p.c of The prices of your research.
The Secretary shall build and publish inside the Federal Sign-up requirements for analyzing the eligibility of a challenge for fiscal help less than segment 2423 of the title.
The Secretary and also the Comptroller Basic of the United States, or their duly licensed Reps, shall have obtain, for the objective of audit, to the documents and various pertinent paperwork.
The Secretary shall comply with Condition h2o laws in finishing up this subchapter. Nothing With this read more subchapter impacts or preempts Point out drinking water regulation or an interstate compact governing water.