Code of Federal Regulations · Section
§ 1951.202 — Objectives
7 C.F.R. § 1951.202
View:
The purpose of loan and grant servicing functions is to assist recipients to meet the objectives of loans and grants, repay loans on schedule, comply with agreements, and protect Rural Development's financial interest. Supervision by Rural Development includes, but is not limited to, review of budgets, management reports, audits and financial statements; performing security inspections and providing, arranging for, or recommending technical assistance; evaluating environmental impacts of proposed actions by the borrower; and performing civil rights compliance reviews.
Authorizing Statute
-
Administrative offset31 U.S.C. § 3716
-
Departmental regulations5 U.S.C. § 301
-
Rules and regulations7 U.S.C. § 1989
-
Administrative powers of Secretary42 U.S.C. § 1480