(a) Loan authority The Secretary, after consultation with the Commission, is authorized to make a loan to any municipality, electric cooperative, industrial development agency,
nonprofit">
nonprofit organization, or other person to assist such person in defraying up to 90 percent of the costs of
(1) studies to determine the feasibility of undertaking a small hydroelectric power project at an existing dam or dams and
(2) preparing any application for a necessary license or other Federal, State, and local approval respecting such a project at an existing dam or dams and of participating in any administrative proceeding regarding any such application.
