Individual loans and grants—Administration of funds.

CFR · 2024-01-01 · US · Title 7

(a) (b) (1) Understanding all provisions of the loan and grant documents; and (2) Servicing loans and grants in the manner outlined in the executed loan and grant documents. (c) (1) (2) (3) (4) (i) Not in excess of 1,000—25 points. (ii) Between 1,001 and 2,500—15 points. (iii) Between 2,501 and 5,500—5 points. (5) (i) Not in excess of 50 percent of the SNMHI—30 points. (ii) More than 50 percent and not in excess of 60 percent of the SNMHI income—20 points. (iii) More than 60 percent and not in excess of 70 percent of the SNMHI—15 points. (6) (i) Fifty percent or more—15 points. (ii) Twenty to forty-nine percent—10 points. (iii) Five to nineteen percent—5 points. (7) (8) (ii) A service area that lacks access to either water or waste disposal facilities, resulting in a significant health risk—40 points. (iii) A service area that has access to water and waste disposal facilities but has a significant health risk—20 points. (9) (ii) RUS Administrator may assign up to 15 additional points that will be considered in the total points for items including, but not limited to, the geographic distribution of funds nationally and within the state, and the severity of health risks. Any funds transferred to RHS for individual assistance will be administered following the provisions established in their governing statutes, regulations or policy. However, funds cannot be used to make improvements to the residence, except for the improvements authorized by § 1777.32. Funds cannot be used to p

official document · source cfr-2024 · id 7:§ 1777.33