CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE (parts 1804 to 2045) > SUBCHAPTER H—PROGRAM REGULATIONS (parts 1900 to 1981) > PART 1940—GENERAL > SUBPART L—Methodology and Formulas for Allocation of Loan and Grant Program Funds (§1940.551 to §1940.594-1940.600) > 1940.592—Community facilities grants.

1940.592—Community facilities grants.

(a) Amount available for allocations. See § 1940.552(a).
(b) Basic formula criteria, data source, and weight. See § 1940.552(b).
(1) The criteria used in the basic formula are:
(i) State's percentage of National rural population—50 percent.
(ii) State's percentage of National rural population with income below the poverty level—50 percent.
(2) Data source for each of these criterion is based on the latest census data available. Each criterion is assigned a specific weight according to its relevance in determining need. The percentage representing each criterion is multiplied by the weight factor and summed to arrive at a State factor (SF).
SF (criterion (b)(1)(i) × 50 percent) (criterion (b)(1)(ii) × 50 percent)
(c) Basic formula allocation. See § 1940.552(c). States receiving administrative allocations do not receive formula allocations.
(d) Transition formula. The transition formula for Community Facilities Grants is not used.
(e) Base allocation. See § 1940.552(e). States receiving administrative allocations do not receive base allocations.
(f) Administrative allocation. See § 1940.552(f). States participating in the formula base allocation procedures do not receive administrative allocations.
(g) Reserve. See § 1940.552(g).
(h) Pooling of funds. See § 1940.522(h). Funds will be pooled at midyear and yearend. Pooled funds will be placed in the National Office reserve and will be made available administratively.
(i) Availability of the allocation. See § 1940.552(i).
(j) Suballocation by State Director. See § 1940.552(j).
(k) Other documentation. Not applicable.

Code of Federal Regulations

[62 FR 16468, Apr. 7, 1997]