Pub. L. 111-5, div. A, tit. I, sec. 104

Pub. L. 111-5, div. A, tit. I, sec. 104

EnactedYear: 2009Length: 98 wordsOfficial source
Sec. 104. In addition to other available funds, of the funds made available to the Rural Development mission area in this title, not more than 3 percent of the funds can be used for administrative costs to carry out loan, loan guarantee and grant activities funded in this title, which shall be transferred to and merged with the appropriation for “Rural Development, Salaries and Expenses”: Provided, That of this amount $1,750,000 shall be committed to agency projects associated with maintaining the compliance, safety, and soundness of the portfolio of loans guaranteed through the section 502 guaranteed loan program.
Pub. L. 111-5, div. A, tit. I, sec. 104 | Justis AI