Citations — §603. Secured loans

Citations to 23 U.S.C. § 603 as a whole

23 U.S.C. § 601(a)(16)(B)

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(B) capitalized with the proceeds of a secured loan made to the bank in accordance with sections 602 and 603; and
23 U.S.C. § 604(b)(10)

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(10) A project that receives a line of credit under this section also shall not receive a secured loan or loan guarantee under section 603 in an amount that, combined with the amount of the line of credit, exceeds 49 percent of eligible project costs.
23 U.S.C. § 610(g)(4)

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(4) ensure that any loan from the bank will bear interest at or below market interest rates, as determined by the State, to make the project that is the subject of the loan feasible, except that any loan funded from the rural projects fund of the bank shall bear interest at or below the interest rate charged for the TIFIA loan provided to the bank under section 603;
49 U.S.C. § 6701(i)(2)(C)

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(C) Secured loans or financing provided under section 603 of title 23 or section 22402 of this title and repaid with local funds or revenues shall be considered to be part of the local share of the cost of a project.

23 U.S.C. § 601(a)(10)(A)(ii)

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(ii) the satisfaction of all of the conditions for the provision of credit assistance under the TIFIA program, including section 603(b)(1);
23 U.S.C. § 601(a)(10)(D)(iii)

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(iii) compliance with such other requirements as are specified under the TIFIA program, including sections 602(c) and 603(b)(1); and

23 U.S.C. § 604(b)(4)

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(4) Except as provided in subparagraphs (B) and (C) of section 603(b)(4), the interest rate on a direct loan resulting from a draw on the line of credit shall be not less than the yield on 30-year United States Treasury securities, as of the date of execution of the line of credit agreement.

23 U.S.C. § 601(a)(8)

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(8) The term “limited buydown” means, subject to the conditions described in section 603(b)(4)(C), a buydown of the interest rate by the obligor if the interest rate has increased between—

(i) the date on which a project application acceptable to the Secretary is submitted; or

(ii) the date on which the Secretary entered into a master credit agreement; and

(B) the date on which the Secretary executes the Federal credit instrument.
23 U.S.C. § 604(b)(4)

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(4) Except as provided in subparagraphs (B) and (C) of section 603(b)(4), the interest rate on a direct loan resulting from a draw on the line of credit shall be not less than the yield on 30-year United States Treasury securities, as of the date of execution of the line of credit agreement.