e-CFR data is current as of February 24, 2021 |
Title 7 → Subtitle B → Chapter XVII → Part 1776 → Subpart B → §1776.5 |
Title 7: Agriculture
PART 1776—RURAL DECENTRALIZED WATER SYSTEMS
Subpart B—DWS Grants
(a) The applicant must be a private organization.
(b) The applicant must be organized as a non-profit organization.
(c) The applicant must have legal capacity and lawful authority to perform the obligations of a grant recipient under this part. Example 1: If the organization is incorporated as a non-profit corporation, it must have corporate authority under state law and its corporate charter to engage in the practice of making loans to individuals. Example 2: if the organization is an unincorporated association, state law may prevent the organization from entering into binding contracts, such as a grant agreement.
(d) The applicant must have sufficient expertise and experience in lending and in promoting the safe and productive use of individually-owned decentralized water systems and ground water to assure the likelihood that the objectives of this part can be achieved.