7 CFR § 1703.301 - Policy.

---
identifier: "/us/cfr/t7/s1703.301"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1703.301 - Policy."
title_number: 7
title_name: "Agriculture"
section_number: "1703.301"
section_name: "Policy."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1703"
part_name: "RURAL DEVELOPMENT"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901"
regulatory_source: "54 FR 6870, Feb. 15, 1989, unless otherwise noted. Redesignated at 55 FR 39394, Sept. 27, 1990."
cfr_part: "1703"
---


# 1703.301 Policy.

It is RUS's policy to encourage borrowers to invest in and promote rural development and rural job creation projects that are based on sound economic and financial analyses. Borrowers are encouraged to use this program to promote economic, business and community development projects that will benefit rural areas.