CFR 7-4280.23-2014 Agriculture. Part4280:Loans and grants. SubpartA:Rural Economic Development Loan and Grant Programs. Section4280.23:Requirements for lending from Revolving Loan Fund.
(a) Supplemental contribution. The Intermediary must establish a Revolving Loan Fund and contribute an amount equal to at least 20 percent of the Grant. The supplemental contribution must come from Intermediary’s funds which may not be from other Federal Grants, unless permitted by law.
CFR 7-4280.23-2014 history
2014CFR 7-4280.23-2014 Agriculture. Part4280:Loans and grants. SubpartA:Rural Economic Development Loan and Grant Programs. Section4280.23:Requirements for lending from Revolving Loan Fund.