Section 761.204 - Methods of allocating funds to State OfficesFO, CL, and OL loan funds are allocated to State Offices using one or more of the following allocation methods:
(a) Formula allocation, if data, as specified in § 761.205 , is available to use the formula for the State.(b) Administrative allocation, if the Agency cannot adequately meet program objectives with a formula allocation. The National Office determines the amount of an administrative allocation on a case-by-case basis.(c) Base allocation, to ensure funding for at least one loan in each State, District, or County Office. In making a base allocation, the National Office may use criteria other than those used in the formula allocation, such as historical Agency funding information.72 FR 63285, Nov. 8, 2007, as amended at 75 FR 54013, Sept. 3, 2010