District Director's review of incomplete development.

CFR · 2024-01-01 · US · Title 7

During monthly District Office work organization meetings and during regular visits to the County Office, the District Director will review the progress that is being made in completing development financed with loans within the District Director's and County Supervisor's responsibility. (a) Once each year the District Director will make a comprehensive review of all development work not completed within the time scheduled. For incomplete development financed with loan or grant funds within the responsibility of the District Director, the District Director will take the necessary actions to assure that the borrower or grantee completes the planned development. For incomplete development financed with loan or grant funds within the responsibility of the County Supervisor, the District Director will give the necessary direction to the County Supervisor to assure completion of the work. In connection with these responsibilities, the District Director will consider: (1) The current farm and home operations with respect to the need for the development as originally planned. (2) Revisions to the development plan. (3) Funds remaining in the supervised bank account. (4) Need for additional funds. (5) Personal funds that could be furnished by the borrower. (6) Estimated completion dates. (7) The borrower's attitude with respect to completing the development. (b) After a complete review of the status of development in both the District and County Offices has been made, the District Dir

official document · source cfr-2024 · id 7:§ 1924.11