; and (ii) in the case of a loan in an amount less than $1,000,000, 90 percent of the principal amount of the loan. ; (iv) in subparagraph (E) (as so redesignated), by striking subsection (f) and inserting subsection (h) ; and (v) by adding at the end the following: (F) Underserved producers The amount of a grant provided under this subsection to an agricultural producer who is a beginning farmer or rancher, a socially disadvantaged farmer or rancher, or a veteran farmer or rancher (as those terms are defined in section 2501(a) of the Food, Agriculture, Conservation and Trade Act of 1990 ( 7 U.S.C. 2279(a) )) shall not exceed 75 percent of the cost of the activity funded by the grant. ; (D) in paragraph (4), by adding at the end the following: (F) Pre-approved technologies In order to streamline the adoption of renewable energy systems and energy efficiency improvements, the Secretary shall develop a streamlined application process for projects utilizing pre-approved products and technologies included on the list described in paragraph (5). ; and (E) by adding at the end the following: (5) Pre-approved list The Secretary shall, beginning in fiscal year 2024— (A) develop a list of pre-approved technologies and products for purposes of paragraph (4)(F); and (B) update that list every 2 fiscal years. (6) Priority In making grants or loan guarantees under this subsection, the Secretary shall give priority to proposed projects that utilize technologies— (A) with a substantially low carbon footprint; or (B) that would result in significant net decreases of greenhouse gas emissions, as determined by the Secretary using the carbon accounting assessments developed under subsection (d). ; (4) by redesignating subsections (d), (e), and (f) as subsections (f), (g), and (h), respectively