(a)
Locally or regionally produced agricultural food products—
(1)
In general— The Secretary shall guarantee loans in accordance with section 310B(g)(9)(B) of the Consolidated Farm and Rural Development Act for projects in underserved communities in an eligible State.
(2)
Funding— The Secretary shall use $5,000,000 of the funds of the Commodity Credit Corporation for fiscal year 2016 to carry out paragraph (1).
(b)
Emergency and imminent community water assistance grants—
(1)
Authority— Notwithstanding subsections (e) and (f) of section 306A of the Consolidated Farm and Rural Development Act, the Secretary shall provide grants in accordance with such section to public or private nonprofit entities in an eligible State.
(2)
Funding— Of the funds of the Commodity Credit Corporation for fiscal year 2016, the Secretary shall use—
(A)
$30,000,000 to carry out section 306A of the Consolidated Farm and Rural Development Act; and
(B)
$20,000,000 to carry out paragraph (1) of this subsection.
(c)
Water and waste disposal technical assistance and training grants— Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out section 306(a)(14)(A) of the Consolidated Farm and Rural Development Act—
(1)
$3,000,000 for fiscal year 2016; and
(2)
$2,000,000 for fiscal year 2017.
(d)
Rural water and wastewater circuit rider program— Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out section 306(a)(22)(A) of the Consolidated Farm and Rural Development Act—
(1)
$3,000,000 for fiscal year 2016; and
(2)
$2,000,000 for fiscal year 2017.
(e)
Healthy food financing initiative— Of the funds of the Commodity Credit Corporation, the Secretary shall use $5,000,000 to provide funds for eligible projects or partnerships under section 243(c)(2) of the Department of Agriculture Reorganization Act of 1994, with priority given to eligible projects and partnerships to be carried out in an eligible State.
(f)
Availability— An amount made available by this section may be obligated during the 5-year period that begins with the date the amount is first so made available.