(a) Purpose.
         This part describes the Agency's policies for making direct FLP loans.
     
    
        
        (b) Types of loans.
         The Agency makes the following types of loans:
     
    
        
        (1) 
         FO, including Downpayment loans;
     
    
        
        (2) 
         OL, including Youth loans;
     
    
    
    
        
            Code of Federal Regulations
        
        [72 FR 63298, Nov. 8, 2007, as amended at 75 FR 54015, Sept. 3, 2010]