7 CFR 1703.307
§ 1703.307 Uses of the deferments of loan payments.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1703.307, § 1703.307 Uses of the deferments of loan payments, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26802
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.