---
kind: "section"
citation: "7 C.F.R. § 4280.21"
title: "7"
number: "4280.21"
heading: "Eligible REDG Ultimate Recipients and Projects."
url: "https://uscodex.org/cfr/7/4280.21"
---

# §4280.21. Eligible REDG Ultimate Recipients and Projects.


The Intermediary may only make loans from the Revolving Loan Fund to entities located in a Rural area of a State. Eligible entities are as follows:

- (a) **Non-profit entities, public bodies, or Federally-recognized Indian tribes Ultimate Recipients for—**
  - (1) **Community development or Community Facility Projects that—**
    - (i) will create or save employment; and
    - (ii) are open to and serve all Rural residents, and are owned by the Ultimate Recipient;
  - (2) Business Incubators;
  - (3) Facilities and equipment to provide education and training to residents of Rural Areas that will facilitate economic development;
  - (4) **Facilities and equipment to provide medical care to residents of Rural Areas.** Equipment and facilities may be funded to enable eligible entities to provide medical training and related professional health care skills to rural health care providers;
  - (5) Projects that utilize Advanced Telecommunications or computer networks to facilitate medical or educational services or job training; or
  - (6) **Project feasibility studies and Technical Assistance.** A qualified Independent Provider must perform feasibility studies or Technical Assistance.
- (b) **For-profit Ultimate Recipients for Projects under paragraphs (a)(3), (4), (5), or (6) of this section.**

## Notes

### Source

Source: 72 FR 29843, May 30, 2007, unless otherwise noted.

### Authority

Authority: 7 U.S.C. 1989(a), 7 U.S.C. 2008s.

### Source

Source: 70 FR 41303, July 18, 2005, unless otherwise noted.