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United States Code
U.S.C. Title 7-AGRICULTURE
CHAPTER 50-AGRICULTURAL CREDIT
SUBCHAPTER I-REAL ESTATE LOANS

7 U.S. Code § 1923

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Purposes of loans

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7 U.S. Code § 1923. Purposes of loans

(a) Allowed purposes

(1) Direct loansA farmer or rancher may use a direct loan made under this subchapter only for—

(A)

acquiring or enlarging a farm or ranch;

(B)

making capital improvements to a farm or ranch;

(C)

paying loan closing costs related to acquiring, enlarging, or improving a farm or ranch;

(D)

paying for activities to promote soil and water conservation and protection described in section 1924 of this title on a farm or ranch; or

(E) refinancing a temporary bridge loan made by a commercial or cooperative lender to a farmer or rancher for the acquisition of land for a farm or ranch, if—

(i)

the Secretary approved an application for a direct farm ownership loan to the farmer or rancher for acquisition of the land; and

(ii)

funds for direct farm ownership loans under section 1994(b) of this title were not available at the time at which the application was approved.

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The United States Code on COSMOS is current through Public Law 118-64 (05/24/2024).

SUBCHAPTER I-REAL ESTATE LOANS

§1922 Persons eligible for real estate loans
§1923 Purposes of loans
§1924 Conservation loan and loan guarantee program
§1925 Limitations on amount of farm ownership loans
§1926 Water and waste facility loans and grants
§1926-1 Repealed. Pub. L. 104-127, title VII, § 702, Apr. 4, 1996, 110 Stat. 1108
§1926a Emergency and imminent community water assistance grant program
§1926b Repealed. Pub. L. 104-127, title VII, § 743, Apr. 4, 1996, 110 Stat. 1125
§1926c Water and waste facility loans and grants to alleviate health risks
§1926d Water systems for rural and Native villages in Alaska
§1926e Rural decentralized water systems
§1926f Contracts with not-for-profit third parties
§1927 Repayment requirements
§1927a Loan interest rates charged by Farmers Home Administration; grant funds associated with loans
§1928 Full faith and credit
§1929 Agricultural Credit Insurance Fund
§1929-1 Level of loan programs under Agricultural Credit Insurance Fund
§1929a Rural Development Insurance Fund
§1929b Purchase of guaranteed portions of loans; terms and conditions; exercise of authorities
§1930 Continued availability of appropriated funds for direct real estate loans to farmers and ranchers
§1931 Repealed. Pub. L. 104-127, title VII, § 746, Apr. 4, 1996, 110 Stat. 1125
§1932 Assistance for rural entities
§1933 Guaranteed rural housing loans; Hawaiian home lands
§1934 Low-income farm ownership loan program; eligibility; repayment requirements
§1935 Down payment loan program
§1936 Beginning farmer or rancher and socially disadvantaged farmer or rancher contract land sales program
§1936a Use of rural development loans and grants for other purposes
§1936b Intermediary relending program
§1936c Relending program to resolve ownership and succession on farmland

U.S. Code Popular Name Table

Popular Names

Americans with Disabilities Act 42 U.S.C. § 12101 et seq.

Anti-Kickback Statute 42 U.S.C. § 1320a–7b(b)

Clayton Act 15 U.S.C. § 12 et seq.

Clean Air Act 42 U.S.C. § 7401 et seq.

Commodity Exchange Act 7 U.S.C. § 1

Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) 42 U.S.C. § 9601 et seq.

Controlled Substances Act 21 U.S.C. § 801 et seq.

Emergency Medical Treatment and Labor Act (EMTALA) 42 U.S.C. § 1395dd

Fair Credit Reporting Act 15 U.S.C. § 1681

False Claims Act 31 U.S.C. § 3729 et seq.

Federal Food, Drug, and Cosmetic Act 21 U.S.C. § 301 et seq.

Federal Insecticide, Fungicide, and Rodenticide Act 7 U.S.C. § 136 et seq.

Federal Trade Commission Act 15 U.S.C. § 41 et seq.

Foreign corrupt Practices Act 15 U.S.C. § 78dd-1 et seq.

Fraud Enforcement and Recovery Act of 2009 (FERA) 18 U.S.C. § 27

Health Information Technology for Economic and Clinical Health Act (HITECH) 42 U.S.C. § 300jj et seq., 42 U.S.C. § 17901 et seq.

Health Insurance Portability and Accountability Act of 1996 (HIPAA) 42 U.S.C. § 201

National Environmental Policy Act (NEPA) 42 U.S.C. § 4321 et seq.

Patient Protection and Affordable Care Act 42 U.S.C. § 18001 et seq.

Physician Payments Sunshine Act 42 U.S.C. § 1320a–7h

Public Health Service Act 42 U.S.C. § 201 et seq.

Resource Conservation and Recovery Act (RCRA) 42 U.S.C. § 6901 et seq.

Robinson–Patman Act 15 U.S.C. § 13

Sarbanes-Oxley Act 15 U.S.C. § 7201 et seq.

Securities Act of 1933 15 U.S.C. § 77a et seq.

Sentencing Reform Act of 1984 18 U.S.C. § 3551 et seq.

Sherman Act 15 U.S.C. § 1 et seq.

Social Security Act 42 U.S.C. § 301 et seq.

Stark Law 42 U.S.C. § 1395nn

Toxic Substances Control Act 15 U.S.C. § 2601 et seq.

Purposes of loans

7 U.S. Code § 1923. Purposes of loans

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