{"data":{"id":"us/7-cfr-1783.5","jurisdiction":"us","citation":"7 CFR 1783.5","heading":"What are the eligibility criteria for grant recipients?","body":"(a) The applicant must be a private entity.\n(b) The applicant must be organized as a non-profit entity.\n(c) The applicant must have the legal capacity and lawful authority to perform the obligations of a grantee under this part.\nExample 1 to paragraph (c):\nIf 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 legal entities.\nExample 2 to paragraph (c):\nIf the organization is an unincorporated association, state law may prevent the organization from entering into binding contracts, such as a grant agreement.\n(d) The applicant must have sufficient expertise and experience in making and servicing loans to assure the likelihood that the objectives of this part can be achieved.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE","PART 1783—REVOLVING FUNDS FOR FINANCING WATER AND WASTEWATER PROJECTS (REVOLVING FUND PROGRAM)","Subpart B—Revolving Loan Program Grants"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"f93a2b00eaf74c56ff930d2b53deb810c53a6454ab8663c44aa26a368373514f","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1783.4","next":"us/7-cfr-1783.6"},"notice":"GroundRules: Original legal text. Not legal advice."}