42 USC 13826: Program priority for special emphasis programs
Result 1 of 1
   
 
42 USC 13826: Program priority for special emphasis programs Text contains those laws in effect on January 7, 2011
From Title 42-THE PUBLIC HEALTH AND WELFARECHAPTER 136-VIOLENT CRIME CONTROL AND LAW ENFORCEMENTSUBCHAPTER II-CRIME PREVENTIONPart G-National Community Economic Partnershipsubpart 1-community economic partnership investment funds
Jump To: Source Credit

§13826. Program priority for special emphasis programs

(a) In general

The Secretary shall give priority in providing lines of credit under this subpart to community development corporations that propose to undertake economic development activities in distressed communities that target women, Native Americans, at risk youth, farmworkers, population-losing communities, very low-income communities, single mothers, veterans, and refugees; or that expand employee ownership of private enterprises and small businesses, and to programs providing loans of not more than $35,000 to very small business enterprises.

(b) Reservation of funds

Not less than 5 percent of the amounts made available under section 13822(a)(2)(A) 1 of this title may be reserved to carry out the activities described in subsection (a) of this section.

( Pub. L. 103–322, title III, §31116, Sept. 13, 1994, 108 Stat. 1885 .)

1 So in original. Probably should be section "13852(b)(1)".