7 CFR 761.204: Methods of allocating funds to State Offices.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE
- SUBCHAPTER D—SPECIAL PROGRAMS
- PART 761—FARM LOAN PROGRAMS; GENERAL PROGRAM ADMINISTRATION
- 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