Section 764.1 - Introduction(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 ML and Downpayment loans;(2) OL, including ML and Youth loans; 72 FR 63298 , Nov. 8, 2007, as amended at 75 FR 54015 , Sept. 3, 2010; 78 FR 3835 , Jan. 17, 2013; 81 FR 3292 , Jan. 21, 2016