The Secretary may well waive any of the criteria in subsection (a)(2) which the Secretary establishes to be duplicative or rendered needless because of an action by now taken by the United States.
(B) it truly is in the public fascination to allow the non-Federal borrower to continue to pursue the purposes of the project; and
Any activity completed underneath this subchapter shall be performed in cooperation using a qualifying non-Federal task entity, consistent with this subchapter.
Any prepayment or refinancing phrases on the loan assurance shall be negotiated concerning the non-Federal borrower and also the lender With all the consent in the Secretary.
(I) whether or not the non-Federal challenge entity has the potential to pay one hundred pc of The prices linked to the operations, routine maintenance, and alternative in the services created or produced as A part of The agricultural water offer undertaking; and
A loan warranty under this segment shall give for finish amortization of your loan warranty within not over 40 many years.
The Secretary shall adjust to State drinking water legislation in carrying out this subchapter. Very little In this particular subchapter has an effect on or preempts State drinking water regulation or an interstate compact governing h2o.
On notification, the Lawyer Common shall acquire this sort of motion as is acceptable to Recuperate the unpaid principal and curiosity owing from—
A rural h2o check here source challenge that is decided to be possible less than portion 2405 of the title is qualified for your loan assure beneath segment 2423 of this title.
The Secretary as well as Secretary of Agriculture shall enter into a memorandum of agreement delivering for Division of Agriculture money appraisal capabilities and loan ensure administration for functions performed under this subchapter.
Almost nothing With this subchapter preempts or impacts State h2o legislation or an interstate compact governing water.
(ii) in connection with which there is a repayment or h2o assistance agreement executed by the United States under Federal reclamation regulation; or
Nothing in this subchapter preempts or affects Point out drinking water legislation or an interstate compact governing water.
(B) any lawfully recognized Corporation of Indians that's controlled, sanctioned, or chartered with the governing overall body or democratically elected via the Grownup users of the Indian community to become served through the Firm.