Rural Initiative pilot program
… 504 Loan Program. Under the 504 Rural program, a CDC may make a 504 loan outside its area of operations if both apply: … the Sacramento Loan Processing Center (SLPC) in order to make the 504 loan for the 504 project outside of its area of … serving the area to agree to permit the outside CDC to make the 504 loan. There to be a CDC within the area of …