Loan or grant approval.

CFR · 2024-01-01 · US · Title 7

(a) The processing office will submit the following to the approval official: (1) Form RD 1942-45, “Project Summary”; (2) Form RD 442-7, “Operating Budget”; (3) Form RD 442-3, “Balance Sheet” or a financial statement or audit that includes a balance sheet; (4) Form RD 442-14, “Association Project Fund Analysis”; (5) “Letter of Conditions”; (6) Form RD 1942-46, “Letter of Intent to Meet Conditions”; (7) Form RD 1940-1, “Request for Obligation of Funds”; (8) Completed environmental review documents including copies of public notices and appropriate proof of publication, if applicable; and (9) Grant determination, if applicable. (b) Approval and applicant notification will be accomplished by mailing to the applicant on the obligation date a copy of Form RD 1940-1. The date the applicant is notified is also the date the interest rate at loan approval is established.

official document · source cfr-2024 · id 7:§ 1780.41