State Office for review and processing instructions. Following review by the State Office, the applicant is notified about eligibility, availability of funds, and if an application should be filed. Upon completion of application processing requirements and approval by the State Office, funds are made available to the Rural Development district office for delivery. 99 Deadlines: None. Range of Approval/Disapproval Time: From 30 to 90 days. Appeals: If an application is rejected, the reasons for rejection are fully stated. The applicant may request a review of the decision from the next higher management level of Rural Development. Renewals: Not applicable. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: Matching funds are not required but may be used in connection with the funds provided from the applicant or other sources. Funds are allocated to States based upon rural population and number of households below the poverty level. The statistical factor for eligibility is towns or incorporated areas under 20,000 population for direct and guaranteed loans and 20,000 population for grants. The source is "Latest Decennial Census." This program has no statutory formula. Length and Time Phasing of Assistance: A time limitation is not specified for the use of RHS loan or grant funds. Funds will be awarded when all RHS requirements are met and the project can be completed on a timely basis.
|