Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVII - Rural Utilities Service, Department of Agriculture |
Part 1703 - Rural Development |
Subpart H - Deferments of RUS Loan Payments for Rural Development Projects |
§ 1703.307 - Uses of the deferments of loan payments.
Latest version.
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§ 1703.307 Uses of the deferments of loan payments.
The deferment of loan payments will be made to enable the borrower to provide funding and assistance for rural development and job creation projects. This includes, but is not limited to, the borrower providing financing to local businesses, community development assistance, technical assistance to businesses, and other community, business, or economic development projects that will benefit rural areas.