; and (2) State water pollution control revolving funds established under title VI of the Federal Water Pollution Control Act ( 33 U.S.C. 1381 et seq.). (b) Financial assistance to State loan funds The Administrator may provide financial assistance under this section to State infrastructure financing authorities for State loan funds to carry out water and wastewater infrastructure projects in accordance with this section. (c) Eligible activities (1) In general The following activities may be carried out by a State infrastructure financing authority with financial assistance made available under this section: (A) One or more activities that are included in the intended use plan under section 606(c) of the Federal Water Pollution Control Act ( 33 U.S.C. 1386(c) ). (B) One or more activities that are included in the project priority list of the intended use plan under section 1452(b) of the Safe Drinking Water Act ( 42 U.S.C. 300j–12(b) ). (2) Administrative costs Financial assistance provided under this section may be used to pay the reasonable costs of administration related to that financial assistance. (3) Application fees Section 5029(b)(7) shall not apply to financial assistance made available under this section. (4) Treatment of projects In determining whether to provide financial assistance under this section, the Administrator shall consider a project to be all of the activities included in an intended use plan described in subparagraph (A) or (B) of paragraph (1). (5) State and local decisionmaking A State infrastructure financing authority that receives financial assistance under this section may use the assistance for any activity included in an intended use plan described in subparagraph (A) or (B) of paragraph (1). (d) Requirements (1) In general Except as otherwise provided in this section, the requirements and procedures under this subtitle shall apply to a project under this section. (2) Interest rate (A) In general Except as provided in subparagraph (B), the interest rate on a secured loan provided