(a)
Community facilities grant program— Section 306(a)(19) of the Consolidated Farm and Rural Development Act (
7 U.S.C. 1926(a)(19)) is amended by adding at the end the following new subparagraph:
“(D) Partnerships allowed—An association, unit of general local government, nonprofit corporation, or Indian tribe that receives a grant under this paragraph may partner with philanthropic or for-profit entities in developing specific essential community facilities in rural areas.”
(b)
Loan guarantees for water, wastewater, and essential community facilities loans— Section 306(a)(24) of the Consolidated Farm and Rural Development Act (
7 U.S.C. 1926(a)(24)) is amended by adding at the end the following new subparagraph:
“(C) Partnerships allowed—The recipient of a loan guarantee under this paragraph may partner with philanthropic or for-profit entities in servicing, or providing additional credit with respect to, a loan described in subparagraph (A).”