Code of Federal Regulations · Section

§ 1709.208 — Use Of Grant Funds

7 C.F.R. § 1709.208

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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.

Authorizing Statute