Approved purposes for a combination loan and grant.

CFR · 2024-01-01 · US · Title 7

The approved purposes for a combination loan and grant are: (a) Acquiring, by lease or purchase, eligible equipment or facilities as defined in § 1734.3; (b) Acquiring instructional programming; (c) Providing technical assistance and instruction for using eligible (d) Paying for medical or educational equipment and facilities that are shown to be necessary to implement the project, including vehicles utilizing distance learning and telemedicine technology to deliver educational and health care services. The applicant must demonstrate that such items are necessary to meet the purposes under this subpart and financial assistance for such equipment and facilities is not available from other sources at a cost which would not adversely affect the economic viability of the project; (e) Providing links between teachers and students or medical professionals who are located at the same facility, provided that such facility receives or provides distance learning or telemedicine services as part of a distance learning or telemedicine network which meets the purposes of this subpart; (f) Providing for site development and alteration of buildings in order to meet the purposes of this subpart. Financial assistance for this purpose must be necessary and incidental to the total amount of financial assistance requested; (g) Purchasing of land, buildings, or building construction determined by RUS to be necessary and incidental to the project. The applicant must demonstrate that financial assi

official document · source cfr-2024 · id 7:§ 1734.31