Administrative expenses means expenses incurred by a grant recipient that are of the type more particularly described in Section 13 of this part.
Applicant means a private, non-profit organization that applies for a HWWS grant under this part.
Centralized Servicing Center (CSC) means the centralized loan servicing center within the United States Department of Agriculture, Rural Development. CSC provides nationwide services for borrowers that have received financing from Rural Development programs.
Construction means building or assembling a water well system or portion thereof, that is not a water well system or portion thereof being constructed in connection with a new building.
Eligible individual means an individual who is a member of a household the members of which have a combined income (for the most recent 12-month period for which the information is available) that is not more than 100 percent of the median nonmetropolitan household income for the State or territory in which the individual resides, according to the most recent decennial census of the United States.
Grant agreement means the contract between RUS and the grant recipient which sets forth the terms and conditions governing a particular grant awarded under this part.
Grant recipient means an applicant that has been awarded a HWWS grant under this part.
HWWS means household water well system.
HWWS grant means a grant awarded by RUS to a grant recipient under this part.
HWWS loan means a loan made by a grant recipient to a loan recipient using the direct or indirect proceeds of a HWWS grant awarded under this part.
Loan recipient means an eligible individual who has received a HWWS loan.
Refurbishing means to renovate or to restore a water well system or portion thereof to near new condition.
Revolved funds means the cash portion of the revolving loan fund that is not composed of HWWS grant funds, including repayments of revolving HWWS loans, fees, and interest collected on HWWS loans.
Revolving loan fund means the loan fund established by the grant recipient to carry out the purposes of this part, such fund comprising the proceeds of a HWWS grant and other related assets.
Rural area means any area other than a city or town that has a population of greater than 50,000 inhabitants; and the urbanized area contiguous and adjacent to such city or town.
RUS means the Rural Utilities Service, a Federal agency delivering the United States Department of Agriculture's Rural Development Utilities Program.
Servicing means making repairs or performing maintenance on a water well system or portion thereof.
USDA means the United States Department of Agriculture. Sec. 1776.4 [Reserved]