Title 33 — Navigation and Navigable WatersRelease 119-73not60

§3906 Activities Eligible for Assistance

Title 33 › Chapter 52— WATER INFRASTRUCTURE FINANCE AND INNOVATION › § 3906

Last updated Apr 5, 2026|Official source

Summary

Pays for four kinds of costs for a qualifying project. First, planning and early work like studies, revenue forecasts, environmental reviews, permits, and design. Second, building work such as construction, rebuilding, repairs, or replacement. Third, buying land or water rights, making environmental fixes, paying construction contingencies, and buying equipment. Fourth, financing costs during construction, like interest added to the project, required reserve funds, costs to issue financing, and other carrying costs.

Full Legal Text

Title 33, §3906

Navigation and Navigable Waters — Source: USLM XML via OLRC

For purposes of this chapter, an eligible activity with respect to an eligible project includes the cost of— (1)

(2)construction, reconstruction, rehabilitation, and replacement activities;

(3)the acquisition of real property or an interest in real property (including water rights, land relating to the project, and improvements to land), environmental mitigation (including acquisitions pursuant to section 3905(8) of this title), construction contingencies, and acquisition of equipment; and

(4)capitalized interest necessary to meet market requirements, reasonably required reserve funds, capital issuance expenses, and other carrying costs during construction.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2016—Par. (3). Pub. L. 114–322 substituted “section 3905(8)” for “section 3905(7)”.

Reference

Citations & Metadata

Citation

33 U.S.C. § 3906

Title 33 — Navigation and Navigable Waters

Last Updated

Apr 5, 2026

Release point: 119-73not60