U.S.C. App.). (3) Establish, maintain, and oversee such audits as the Inspector General considers appropriate under this Act. 5. Loans, loan guarantees, and bonding (a) General authority The Corporation shall provide loans, loan guarantees, and bonds to eligible applicants for infrastructure projects in the United States. (b) Eligibility requirements An applicant is eligible for a loan, loan guarantee, or bond under this section if the applicant— (1) submits a detailed letter of interest to the Corporation that— (A) describes the infrastructure project and the location, purpose, and cost of the project