Modifies rural decentralized water systems grants to increase loan limits and extend program duration.
The bill amends the Consolidated Farm and Rural Development Act to adjust the rural decentralized water systems grants program. It raises the maximum loan amount from $15,000 to $20,000 for construction, refurbishing, and servicing of household water well systems and wastewater systems in rural areas. Additionally, it extends the program's duration from 2023 to 2031. The grants are intended for individuals in households with incomes below 60% of the median nonmetropolitan household income.
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