---
kind: "section"
citation: "7 C.F.R. § 3550.101"
title: "7"
number: "3550.101"
heading: "Program objectives."
url: "https://uscodex.org/cfr/7/3550.101"
---

# §3550.101. Program objectives.


This subpart sets forth policies for administering loans and grants under [section 504(a)](/cfr/7/504.md?p=a) of title V of the Housing Act of 1949, as amended. [Section 504](/cfr/7/504.md) loans and grants are intended to help very low-income owner-occupants in rural areas repair their properties. This subpart also covers Water and Waste Disposal (WWD) Grants to individuals authorized by [Section 306C(b)](/cfr/7/306C.md?p=b) of the Consolidated Farm and Rural Development Act, ([7 U.S.C. 1926c](/usc/7/1926c.md)).


## Notes

### Amendments

[61 FR 59779, Nov. 22, 1996, as amended at 67 FR 78331, Dec. 24, 2002]

### Authority

Authority: 5 U.S.C. 301; 42 U.S.C. 1480.

### Source

Source: 61 FR 59779, Nov. 22, 1996, unless otherwise noted.

### Amendments

[61 FR 59779, Nov. 22, 1996, as amended at 67 FR 78331, Dec. 24, 2002]