# Update to Methodology and Formulas for Allocation of Loan and Grant Program Funds
> **Rural Housing Service** · Final rule. · Published 2024-05-01 · Effective 2024-05-01 · 89 FR 34959
## Document
- **Document number:** 2024-09446
- **Category:** rural-development
- **Sub-agency:** Rural Housing Service
- **Federal Register citation:** 89 FR 34959
- **CFR reference:** 7 CFR 1780
- **Publication date:** 2024-05-01
- **Effective date:** 2024-05-01
- **USDA docket:** Docket No. RUS-24-AGENCY-0004
## Abstract

The Rural Business-Cooperative Service, Rural Housing Service, and Rural Utilities Service (RBCS, RHS, RUS, or collectively referred to as the Agency), of the Rural Development (RD) mission area within the U.S. Department of Agriculture (USDA), is issuing this final rule to update the data it uses to determine a State's percentage of national nonmetropolitan unemployment income. The Agency is amending two regulations to correct the source for the data and provide transparency on its process of determining state funding allocations for various Agency programs.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/05/01/2024-09446/update-to-methodology-and-formulas-for-allocation-of-loan-and-grant-program-funds)
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