Current through November 30, 2024
Section 1738.103 - Substantially Underserved Trust Areas (SUTA)Applicants seeking assistance may request consideration under the SUTA provisions in 7 U.S.C. 936f .
(a) If the Administrator determines that a community within "trust land" (as defined in 38 U.S.C. 3765 ) has a high need for the benefits of the Rural Broadband Program, he/she may designate the community as a "substantially underserved trust area" (as defined in section 306F of the RE Act).(b) To receive consideration under SUTA, the Applicant must submit to the Agency a completed application that includes all of the information requested in 7 CFR part 1700, subpart D. In addition, the Applicant must notify the Agency in writing that it seeks consideration under SUTA and identify the discretionary authorities of 7 CFR part 1700, subpart D, it seeks to have applied to its application. Note, however, that the two years of historical audited financial statements and Net worth requirement for loan and loan/grant combination Applicants in § 1738.206(b)(2)(i) cannot be waived.