922 loans for Dummies
922 loans for Dummies
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(ii) The common residential revenue for each kilowatt-hour sold via the applicant is not less than one hundred twenty per cent of the average residential revenue for each kilowatt-hour bought by all utilities in the Condition wherein the applicant delivers assistance.
(ii) submit to your Secretary an application at such time, in these fashion, and that contains these types of data as the Secretary may possibly call for; and
§6104, amended part usually. Just before amendment, text browse as follows: "As utilized In this particular chapter the term 'rural region', apart from as provided in section 924(b) of this title, shall be deemed to indicate any region of The usa not integrated throughout the boundaries of any city region, as described because of the Bureau on the Census, and this sort of term shall be deemed to include both of those the farm and nonfarm population thereof; the phrase 'farm' shall be considered to suggest a farm as described within the publications of the Bureau in the Census; the term 'particular person' shall be deemed to indicate any normal man or woman, organization, Company, or association; the phrase 'Territory' shall be considered to incorporate any insular possession of The usa; as well as the phrase 'Secretary' shall be considered to mean the Secretary of Agriculture."
(1) offers suitable broadband provider to, inside the proposed eligible provider area described in the appliance submitted because of the eligible entity—
(2) Help the lengthy-term viability, sustainability, and utility of federally supported rural broadband infrastructure, by examining the technological abilities of the technologies available and fairly expected to be offered by 2035 to fulfill the broadband services wants of rural inhabitants recognized beneath paragraph (1), like by analyzing the following:
We were being not able to routinely acquire your approximate area, so we'll want you to supply your postal code to aid us find the closest keep for you.
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(ii) features only Those people spots wherein the applicant will be able to meet up with the provider demands below this section, as based on the Secretary.
The time period "incumbent company service provider", with respect to an application submitted under this section, means an entity that, as on the date of submission of the application, is supplying broadband services not to below five per cent on the households from the support territory proposed in the application.
(B) examining another resource that may be applicable to service details validation, as based on the Secretary; and
substituted "of which the holder experienced real information at enough time it became a holder" for "of which the holder has actual know-how".
The goal of this portion is to deliver grants, present loans, and provide loan ensures to offer resources for the costs of the development, advancement, and acquisition of facilities and machines for broadband provider in rural locations.
" for "programs; to generate, or lead to to become produced, reports, investigations, and stories regarding the problem and development with the electrification of and the furnishing of suitable telephone company in rural spots in the many States and Territories; also to publish and disseminate information and facts with respect thereto."
(b) The Secretary of your Treasury is authorized and directed to purchase for resale obligations insured through the fund when offered by the Secretary. Such resales shall be upon these kinds of stipulations since the Secretary with the Treasury shall ascertain.