Agriculture. Part1940:General. Subpart L:Methodology and formulas for allocation of loan and grant program funds. Section1940.588:Business and industry guaranteed and direct loans, rural business enterprise grants, rural business opportunity grants, and i
The Agency will allocate funds to the States each Federal fiscal year for the programs identified in this section using the procedures specified in paragraph (a) of this section. If the Agency determines that it will not allocate funds to the States for a program identified in this section in a particular Federal fiscal year, the Agency will announce this decision in a notice published in the FEDERAL REGISTER. The conditions under which the Agency will not allocate a program’s funds to the States are identified in paragraph (b) of this section.