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Title XI

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Title XI
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Statute Regulations and FAQs

Statutes and Regulations

The below links will take you to U.S. Code of Statute: 46 USC Chapter 537: LOANS AND GUARANTEES and U.S. Code of Federal Regulations (CFR): 46 CFR 298: OBLIGATION GUARANTEES.

U.S. Code of Statute: 46 USC Chapter 537: LOANS AND GUARANTEES U.S. Code of...

Credit Subsidy Availability & History

MARAD is limited in the amount of new loans it may approve by the “credit subsidy” appropriated by Congress.  This appropriation does not expire at the end of a fiscal year but remains available until it is expended by the program.  This credit subsidy is expended by MARAD for an...

MARAD Closing Documents

Consolidated Agreement and Annex A - Specific Terms and Introduction Annex B - Definitions Annex C - General Terms and Conditions Annex D - Disclosure Schedule Annex E - Administrator's Note Annex F - Mortgage Annex G - Assignment of Construction Contract Annex H-1 - Consent...

Financing and Debt Overview

Eligibility Requirements Loan Obligation Amount Amortization and Interest Rate Sources of Fund for Loan Obligations Refinancing Program Fees Eligibility Requirements

MARAD will consider approval of all TItle XI loans which meet the following criteria:

Be an...