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Federal regulations · Through 2026-08-25 · Newer source version available

7 CFR 761.204: Methods of allocating funds to State Offices.

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Where this section sits in the code
  1. Title 7—Agriculture
  2. Subtitle B—Regulations of the Department of Agriculture
  3. CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
  4. SUBCHAPTER D—SPECIAL PROGRAMS
  5. PART 761—FARM LOAN PROGRAMS; GENERAL PROGRAM ADMINISTRATION
  6. Subpart D—Allocation of Farm Loan Programs Funds to State Offices

FO, CL, and OL loan funds are allocated to State Offices using one or more of the following allocation methods:

(a) Formula allocation, if data, as specified in § 761.205, is available to use the formula for the State.

(b) Administrative allocation, if the Agency cannot adequately meet program objectives with a formula allocation. The National Office determines the amount of an administrative allocation on a case-by-case basis.

(c) Base allocation, to ensure funding for at least one loan in each State, District, or County Office. In making a base allocation, the National Office may use criteria other than those used in the formula allocation, such as historical Agency funding information.

Collected 2026-08-27T02:24:01Z. Source file · JSON

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