§1709.208. Use of grant funds.
7 C.F.R. § 1709.208
Grant funds must be used to establish and support a revolving loan fund that facilitates cost effective fuel purchases for persons, communities, and businesses in eligible areas. Where a recipient State entity's existing program is authorized to fund multiple purposes, grant funds may only be used to the extent the recipient fund finances eligible activities.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301, 7 U.S.C. 901 et seq.
Source
Source: 70 FR 5351, Feb. 2, 2005, unless otherwise noted.