Title 33, Navigation and Navigable WatersRelease 119-102
§3906 Activities Eligible for Assistance
Title 33 › CHAPTER 52 — WATER INFRASTRUCTURE FINANCE AND INNOVATION › § 3906
Summary
Pays for four kinds of costs for eligible projects. It covers planning and preconstruction work (studies, permits, design), building or rebuilding work, buying land, water rights, mitigation, contingencies and equipment, and interest, reserve funds, bond‑issuance fees, and other carrying costs during construction.
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
Aug 21, 2026
Release point: 119-102