922 loans Things To Know Before You Buy

The time period "broadband company" signifies any technologies discovered from the Secretary as possessing the capacity to transmit data to enable a subscriber into the provider to originate and get substantial-quality voice, data, graphics, and online video.

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§6104, amended segment typically. Before amendment, text go through as follows: "As made use of Within this chapter the phrase 'rural place', apart from as provided in segment 924(b) of this title, shall be considered to necessarily mean any area of the United States not integrated inside the boundaries of any city area, as defined by the Bureau from the Census, and such term shall be considered to include each the farm and nonfarm population thereof; the time period 'farm' shall be considered to indicate a farm as defined within the publications from the Bureau on the Census; the term 'particular person' shall be considered to signify any natural human being, business, corporation, or association; the time period 'Territory' shall be considered to incorporate any insular possession of The us; along with the term 'Secretary' shall be considered to signify the Secretary of Agriculture."

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, That this sort of refinancing shall be based on the Secretary to generally be necessary so as to furnish and increase telephone company in rural regions: And supplied additional

Provisions comparable to All those In this particular area had been contained in the subsequent prior appropriation act:

The Secretary is authorized, from sums appropriated pursuant to segment 906 of this title, to generate these expenses (including expenses for private expert services; materials and devices; lawbooks and guides of reference; directories and periodicals; vacation fees; rental for the seat of presidency and in other places; the acquisition, operation, or upkeep of passenger-carrying automobiles; and printing and binding) as are suitable and necessary to perform the provisions of this chapter.

(ii) features only All those locations wherein the applicant will be able to satisfy the support specifications under this part, as determined by the Secretary.

To be suitable to receive a grant under This system, an suitable entity shall post for the Secretary an software at these time, in these kinds of manner, and made up of these types of details as the Secretary may well call for.

Power generation, transmission, and distribution amenities effectiveness grants and loans in rural communities with very higher energy prices.

(i) The normal variety of subscribers per mile of line during the assistance spot in the applicant isn't more than fifteen, or the applicant is able of producing Web revenue or margins prior to fascination of not a lot less than 100 percent (although not over five hundred percent) with the curiosity prerequisites on each of the exceptional and proposed loans in the applicant.

All proceeds through more info the repayment of these loans built under this part shall be returned into the subaccount which the Secretary shall manage in accordance with sections 940c(b)(two) and 940c–2(f) of the title.

The Secretary could make or promise loans underneath this subchapter and subchapter I for cybersecurity and grid protection enhancements.

§918a. Electricity generation, transmission, and distribution amenities effectiveness grants and loans in rural communities with extremely superior Vitality costs