; and (B) to the extent that there are, as determined by the Secretary, sufficient applications from disadvantaged communities for loans, may not be less than 12 percent. (e) Eligible coastal state contribution Each capitalization agreement entered into under subsection (a)(1) shall require that the eligible coastal state subject to such agreement deposit in the working waterfronts preservation loan fund of the eligible coastal state an amount equal to not less than 20 percent of the total amount of the capitalization grant to be made to the eligible coastal state on or before the date on which the capitalization grant payment is made to the eligible coastal state. (f) Types of assistance The amounts deposited into a working waterfronts preservation loan fund of an eligible coastal state under this section may be used by the eligible coastal state— (1) to make a loan to a covered entity, on the condition that— (A) the interest rate for the loan does not exceed the market rate; (B) principal and interest payments on the loan will commence not later than 18 months after completion of the project for which the loan was made; (C) the loan will be fully amortized not later than 30 years after the completion of the project, except that in the case of a disadvantaged community an eligible coastal state may provide an extended term for the loan, if the extended term— (i) terminates not later than the date that is 40 years after the completion of the project; and (ii) does not exceed the expected design life of the project; (D) the recipient of the loan will establish a dedicated source of revenue (or, in the case of a privately owned working waterfront property, demonstrate that there is adequate security) for the repayment of the loan; and (E) the working waterfronts preservation loan fund of the eligible coastal state will be credited with all payments of principal and interest on the loan