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2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 936f Substantially underserved trust areas us united_states_code code_section 7 AGRICULTURE 31 RURAL ELECTRIFICATION AND TELEPHONE SERVICE 936f 7 U.S.C. § 936f current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s936f data/legal/raw/us/code/title-07/usc07.xml 789602de4a25e92d06ba3bfc1aacdac0691d2dee762c424d8d7f9eede9d21643 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 c8346fb53b8943b37c6b0c7c30fca6d1661c5fbf859ec4ac9e4ca057ea7213b4 2026-07-04 official
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7 U.S.C. § 936f - Substantially underserved trust areas

Text

(a) Definitions In this section:

(1) Eligible program The term “eligible program” means a program administered by the Rural Utilities Service and authorized in—

(A) this chapter; or

(B) paragraph (1), (2), (14), (22), or (24) of section 1926(a) of this title or section 1926a, 1926c, 1926d, or 1926e of this title.

(2) Substantially underserved trust area The term “substantially underserved trust area” means a community in “trust land” (as defined in section 3765 of title 38) with respect to which the Secretary determines has a high need for the benefits of an eligible program.

(b) Initiative The Secretary, in consultation with local governments and Federal agencies, may implement an initiative to identify and improve the availability of eligible programs in communities in substantially underserved trust areas.

(c) Authority of Secretary In carrying out subsection (b), the Secretary—

(1) may make available from loan or loan guarantee programs administered by the Rural Utilities Service to qualified utilities or applicants financing with an interest rate as low as 2 percent, and with extended repayment terms;

(2) may waive nonduplication restrictions, matching fund requirements, or credit support requirements from any loan or grant program administered by the Rural Utilities Service to facilitate the construction, acquisition, or improvement of infrastructure;

(3) may give the highest funding priority to designated projects in substantially underserved trust areas; and

(4) shall only make loans or loan guarantees that are found to be financially feasible and that provide eligible program benefits to substantially underserved trust areas.

(d) Report Not later than 1 year after the date of enactment of this section and annually thereafter, the Secretary shall submit to Congress a report that describes—

(1) the progress of the initiative implemented under subsection (b); and

(2) recommendations for any regulatory or legislative changes that would be appropriate to improve services to substantially underserved trust areas.

(May 20, 1936, ch. 432, title III, § 306F, as added Pub. L. 110234, title VI, § 6105, May 22, 2008, 122 Stat. 1196, and Pub. L. 110246, § 4(a), title VI, § 6105, June 18, 2008, 122 Stat. 1664, 1957.)

Notes

Editorial Notes

References in TextThe date of enactment of this section, referred to in subsec. (d), is the date of enactment of Pub. L. 110246, which was approved June 18, 2008.

Codification Pub. L. 110234 and Pub. L. 110246 enacted identical sections. Pub. L. 110234 was repealed by section 4(a) of Pub. L. 110246.

Statutory Notes and Related Subsidiaries

Effective DateEnactment of this section and repeal of Pub. L. 110234 by Pub. L. 110246 effective May 22, 2008, the date of enactment of Pub. L. 110234, see section 4 of Pub. L. 110246, set out as a note under section 8701 of this title.