7 CFR 4280.15 - Ultimate Recipient Projects eligible for Rural Economic Development Loan funding.

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There are 2 Updates appearing in the Federal Register for 7 CFR 4280. View below or at eCFR (GPOAccess)
§ 4280.15 Ultimate Recipient Projects eligible for Rural Economic Development Loan funding.
An Intermediary may receive REDL funds only when it has a pre-approved Ultimate Recipient and Project that have an immediate need for the Zero-Interest Loan. REDL funds may only be used by the Intermediary to make a Zero-Interest Loan to the Ultimate Recipient to finance financially viable economic development or job creation Projects in a Rural Area. Funds may only be used to provide the following assistance:
(a) Start-Up Venture costs, including, but not limited to financing fixed assets such as real estate, buildings (new or existing), equipment, or working capital;
(b) Business expansion;
(c) Business Incubators;
(e) Project feasibility studies;
(f) Advanced Telecommunications services and computer networks for medical, educational, and job training services;
(g) Other Projects eligible under § 4280.21; or
(h) Community Facilities Projects.

Title 7 published on 2014-01-01

The following are only the Rules published in the Federal Register after the published date of Title 7.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-12-29; vol. 79 # 248 - Monday, December 29, 2014
    1. 79 FR 78220 - Rural Energy for America Program
      GPO FDSys XML | Text
      DEPARTMENT OF AGRICULTURE, Rural Business-Cooperative Service, Rural Utilities Service
      Final rule.
      This final rule is effective February 12, 2015.
      7 CFR Part 4280

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United States Code

Title 7 published on 2014-01-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 7 CFR 4280 after this date.

  • 2014-12-29; vol. 79 # 248 - Monday, December 29, 2014
    1. 79 FR 78220 - Rural Energy for America Program
      GPO FDSys XML | Text
      DEPARTMENT OF AGRICULTURE, Rural Business-Cooperative Service, Rural Utilities Service
      Final rule.
      This final rule is effective February 12, 2015.
      7 CFR Part 4280