§1780.7. Eligibility. — Inbound Citations

(1) Applicants providing service through individual facilities must meet the eligibility requirements in § 1780.7.

The following definitions apply to subparts A through D of this part.

(b) All projects financed under the provisions of this part must be based on taxes, assessments, revenues, fees, or other satisfactory sources in an amount that will provide for facility operation and maintenance, a reasonable reserve, and payment of the debt. The Rural Development State Director may obtain needed assistance in determining economic feasibility from officials of NRCS and other appropriate USDA agencies. See § 1780.7(f) of this chapter for applicable economic feasibility requirements and feasibility reports.

(8) A judgment which would disqualify an applicant for a loan or grant as provided for in § 1780.7(g).