8 CCR 1207-5 Part 6 - Permissible Uses of Money Awarded as a Low-Interest Loan

6.1. Permissible uses of money awarded by the Department to Eligible Farmers or Ranchers or Eligible Businesses as a Low-Interest Loan include, but are not limited to, the following:

6.1.1. The acquisition of property and equipment;

6.1.2. Paying costs associated with purchasing livestock;

6.1.3. Value-added improvements to real or personal property on a ranch or farm;

6.1.4. Operating expenses;

6.1.5. Conservation projects, including projects that improve soil health, reduce the use of or conserve water or energy, or help reduce or mitigate the impacts of drought or climate change;

6.1.6. Market analyses, studies, or other research and development costs; and

6.1.7. Expenses related to starting up or expanding agricultural technology in Colorado.

Notes

8 CCR 1207-5 Part 6

45 CR 01, January 10, 2022, effective 1/30/2022