TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT
CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY
PART 640 RURAL DIVERSIFICATION ACT PROGRAM
SECTION 640.10 PURPOSE OF LOAN PROGRAM


 

Section 640.10  Purpose of Loan Program

 

Through the Rural Diversification Loan Program, the Department of Commerce and Community Affairs will provide direct loans at market or below market rate interest to rural businesses or agribusinesses for the purpose of rural economic diversification, and the creation and retention of jobs.