§3570.52. Purpose.
7 C.F.R. § 3570.52
The purpose of CFG program is to assist in the development of essential community facilities in rural areas. The Agency will authorize grant funds on a graduated basis. Eligible applicants located in smaller communities with lower populations and lower median household incomes may receive a higher percentage of grant funds. The amount of CFG funds provided for a facility shall not exceed 75 percent of the cost of developing the facility.
Notes, amendments, and revision history
Source
Source: 64 FR 32388, June 17, 1999, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301; 7 U.S.C. 1989.
Source
Source: 62 FR 16469, Apr. 7, 1997, unless otherwise noted.