StacksVerified U.S. regulatory reference

7 CFR §761.204

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
FO, CL, and OL loan funds are allocated to State Offices using one or more of the following allocation methods:
  1. (a)Formula allocation, if data, as specified in § 761.205, is available to use the formula for the State.
  2. (b)Administrative allocation, if the Agency cannot adequately meet program objectives with a formula allocation. The National Office determines the amount of an administrative allocation on a case-by-case basis.
  3. (c)Base allocation, to ensure funding for at least one loan in each State, District, or County Office. In making a base allocation, the National Office may use criteria other than those used in the formula allocation, such as historical Agency funding information.