The Fee shall consult with With all the Secretary in advance of giving or providing Link The usa Fund or Mobility Fund aid underneath the Federal universal service aid mechanisms recognized underneath section 254 of title forty seven to provide an area with respect to which another entity has obtained broadband aid below a mortgage or grant system of the Department of Agriculture.
(ii) has the authorized capability and authority to enter into a contract, to comply with relevant Federal guidelines, and also to individual and run broadband services, as proposed in the application submitted through the entity for any grant beneath the Program.
(i) exhibit a chance to furnish or improve service so as to fulfill the broadband buildout needs recognized under subsection (e)(4) in all or Portion of an unserved or underserved rural space;
On the amounts supplied to an eligible entity below a grant underneath the Program, the eligible entity shall use to carry out paragraph (one)(B) not greater than the lesser of—
The term "considerably underserved have confidence in location" implies a Neighborhood in "rely on land" (as outlined in section 3765 of title 38) with respect to which the Secretary decides includes a large want for some great benefits of an qualified method.
(four) The Secretary shall undertake all realistic attempts to permit the complete amount of deferments authorized by this subsection for the duration of each fiscal yr.
§934. Licensed financial transactions; interim notes; purchase of obligations for resale; sale of notes and certificates; liens
amended area generally, inserting area catchline and substituting latest provisions for provisions relating to funds of Secretary, which include provisions for loans by Secretary of the Treasury, authorization of appropriations, allotment of funds for loans in States, loans of unallotted money, and unexpended money and limitation on use.
(three) the borrower certifies that any price savings from this sort of prepayment are going to be passed on to its buyers or utilized to improve the economic toughness of the borrower in situations of monetary hardship.
Energy technology, transmission, and distribution services efficiency grants and loans in rural communities with extremely high Electrical power expenditures.
(A) that describes get more info a undertaking created to lower the cost of broadband deployment, and substantially improve broadband velocity not to fewer than the utmost 1 broadband buildout needs set up below segment 950bb(e)(four) of the title, within a rural location to become served from the project; and
(one) determining Each individual done software for your telephone bank loan below area 935 of this title or a assure of a phone financial loan beneath segment 936 of this title which includes not been eventually acted upon inside of ninety days once the date the completed software is submitted; and
Other than as provided in subparagraph (D), the quantity of any grant built below this part shall not exceed—
(three) be the result in, specifically or indirectly, of imposing any requirement or restriction within the borrower for a situation in the guidance, apart from this kind of demands or constraints as are important to apply a financial debt restructuring agreed on by the ability provide borrower and the Government.