The Single Best Strategy To Use For 922 loans
The Single Best Strategy To Use For 922 loans
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The Secretary, in session with regional governments and Federal organizations, may possibly put into practice an initiative to discover and improve the availability of suitable courses in communities in significantly underserved have confidence in spots.
When deciding population density under this section, the Secretary shall prescribe a calculation approach which—
This kind of loans shall be on this sort of terms and conditions relating to the expenditure of your moneys loaned and the security therefor because the Secretary shall establish and should be designed payable in whole or in part out from the income, other than that no loan for the construction, operation, or enlargement of any making plant shall be designed unless the consent of your Point out authority owning jurisdiction while in the premises is 1st acquired.
(i) be carried out in the proposed company territory in which not fewer than 90 per cent of your homes are unserved; and
inserted provisions prohibiting Administrator from giving aid to phone borrower unless borrower especially applies therefor.
(B) The quantity of the deferment shall not exceed fifty percent of the total price of a Group or financial improvement project for which a deferment is presented beneath this subsection.
(I) connecting, aiding with connecting, or enabling the link of retail broadband programs that provide rural regions throughout the proposed assistance territory to the middle mile infrastructure job in An economical and economically competitive way;
(two) control the order or sequence of innovations of cash underneath phone loans manufactured under this chapter to any borrower who's got obtained any mix of telephone loans from the Secretary or even the Federal Funding Bank; or
(ii) allocate quantities from the reserve to each Point out for each fiscal year for loans and loan ensures to suitable entities from the State.
§6502, inserted area catchline and substituted "associations." for "associations: And offered even more, That for your duration of a person yr from and immediately after October click here 28, 1949, apps for loans gained because of the Secretary from folks who on October 28, 1949, are engaged during the operation of current phone support in rural areas shall be regarded and acted on ahead of action is taken on any application acquired from another particular person for virtually any personal loan to finance the furnishing or improvement of telephone company to substantially a similar subscribers.
The Secretary might not charge any cost or charge not expressly delivered With this chapter in reference to any financial loan created or confirmed beneath this chapter.
(one) figuring out Just about every done software for your phone bank loan underneath portion 935 of the title or simply a warranty of the telephone bank loan beneath area 936 of the title which includes not been finally acted on within ninety times following the date the finished software is submitted; and
" for "techniques; to produce, or trigger to become manufactured, scientific studies, investigations, and stories in regards to the condition and development in the electrification of as well as furnishing of suitable telephone assistance in rural places in the several States and Territories; also to publish and disseminate details with regard thereto."
A bond or Take note certain below this section shall, by arrangement among the Secretary as well as borrower—