Use of grant funds.

CFR · 2024-01-01 · US · Title 7

Grants of up to 75 percent of the cost of developing essential community facilities may be used to supplement financial assistance authorized in accordance with 7 CFR parts 1942, subparts A and C, and 3575, subpart A. Eligible CFG purposes are those listed in paragraphs (a), (b), (c), and (d) of this section. Funding for the balance of the project may consist of other CF financial assistance, applicant contributions, or loans and grants from other sources. CFGs may be used to: (a) Construct, enlarge, extend, or otherwise improve essential community facilities providing essential service primarily to rural residents and rural businesses. Rural businesses include facilities such as educational and other publicly owned facilities. (1) “Essential community facilities” are those public improvements requisite to the beneficial and orderly development of a community operated on a nonprofit basis including, but not limited to: (i) Fire, rescue, and public safety; (ii) Health services; (iii) Community, social, or cultural services; (iv) Transportation facilities such as streets, roads, and bridges; (v) Hydroelectric generating facilities and related connecting systems and appurtenances, when not eligible for RUS financing; (vi) Telecommunications equipment as it relates to medical and educational telecommunications links; (vii) Supplemental and supporting structures for other rural electrification or telephone systems (including facilities such as headquarters and office buildings, st

official document · source cfr-2024 · id 7:§ 3570.62