Title 7 › Chapter 50— AGRICULTURAL CREDIT › Subchapter I— REAL ESTATE LOANS › § 1926e
Allows the Secretary to give money to private nonprofit groups so they can make loans and small grants to low-income rural households. An "eligible individual" is someone in a household whose combined income for the most recent 12 months is no more than 60% of the State’s nonmetropolitan median household income, using the latest U.S. decennial census. The money can pay to build, fix up, or service private household water wells and privately owned decentralized wastewater systems in rural areas. Loans must carry a 1% interest rate and run no longer than 20 years. No loan or subgrant can be more than $15,000 per system. Grant funds can cover some administrative costs. If a well is contaminated, funds can pay for treatment equipment past the point of entry, with or without a new well. The Secretary must favor applicants that have strong experience with private wells, decentralized wastewater, and groundwater. Congress authorized $20,000,000 for each fiscal year 2019 through 2023.
Full Legal Text
Agriculture — Source: USLM XML via OLRC
Legislative History
Reference
Citation
7 U.S.C. § 1926e
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60