Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVII - Rural Utilities Service, Department of Agriculture |
Part 1710 - General and Pre-Loan Policies and Procedures Common to Electric Loans and Guarantees |
Subpart H - Energy Efficiency and Conservation Loan Program |
§ 1710.350 - Purpose.
Latest version.
-
This subpart sets forth RUS policies and procedures with regard to loans and loan guarantees to RUS borrowers for the purpose of implementing their demand side management (DSM) plans, energy conservation programs, and on-grid and off-grid renewable energy systems. The Administrator reserves the right to determine if loans for purposes under this subpart will be made to a borrower in default under its mortgage and loan contract. As is the case with all other RUS loans, loans for purposes under this subpart will not be made to individuals.