Rolnictwo i żywność · 7.09.1994
Debt SettlementCommunity and Business Programs
The Farmers Home Administration (FmHA) amends its policies and procedures governing debt settlement of Community Programs loans. These changes are necessary to comply with Section 2384, Title XXIII, of the Food, Agriculture, Conservation, and Trade Act of 1990 (Pub. L. 101- 624). This law is to establish and implement a program that is similar to the program established under Section 353 of the Consolidated Farm and Rural Development Act (7 U.S.C. 2001), except that the debt restructuring and loan servicing procedures shall apply to delinquent Community Facility hospital or health care program loans rather than Farmer Program loans. The intended effect is to keep these facilities in operation with manageable debt.