legal · go-v.org

Use of grant funds.

CFR · 2024-01-01 · US · Title 7

Grant funds must be used to establish and support a revolving loan fund that facilitates cost effective fuel purchases for persons, communities, and businesses in eligible areas. Where a recipient State entity's existing program is authorized to fund multiple purposes, grant funds may only be used to the extent the recipient fund finances eligible activities.

official document · source cfr-2024 · id 7:§ 1709.208