State rural economic development review panel.

CFR · 2024-01-01 · US · Title 7

(a) (1) Timeframes should assure that applications selected for funding from the current FY's allocation of funds can be processed by Rural Development and funds obligated prior to the July 15 pooling established in § 1940.961(c) of this subpart; (2) Initial submission of preapplications/applications from Rural Development to the panel and any subsequent submissions during the first year; (3) How often during each FY thereafter should Rural Development submit preapplications/applications to the panel for review and ranking; (4) Number of working days needed by the panel to review and rank preapplications/applications; (5) Number of times during the FY the panel will submit a list of ranked preapplications/applications to Rural Development for funding consideration; (6) Consider the matching of available loan and grant funds to assure that all allocated funds will be used; (7) How to consider ranked preapplications/applications at the end of the FY that have not been funded; and (8) How to consider requests for additional funds needed by an applicant to complete a project that already has funds approved; (b) (1) (ii) (A) The policy and criteria used to rank applications for business related projects will include the following, which are not necessarily in rank order: ( ( ( ( ( ( ( ( ( ( (B) The policy and criteria used to rank preapplications/applications for infrastructure and all other community facility-type projects will include the following which are not necessarily in r

official document · source cfr-2024 · id 7:§ 1940.956