Sec. 206. Partnerships
435 words·~2 min read·
/bill/113/hr/1933/ih/section-206·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each partnership that receives assistance through the Initiative shall provide financial and technical assistance to eligible healthy food retailer projects in underserved areas within the defined communities of the partnership. Each partnership shall designate a community development financial institution or other organization that is capable of administering a loan and grant program— to execute grant agreements with the national fund manager; and to serve as the manager of local funds.
A partnership shall— raise other forms of financial assistance to match the national funds received by the partnership; provide marketing and outreach to communities, the supermarket industry, other healthy food retailers, State and local government officials, and civic and public interest organizations— to solicit applications from underserved areas from across the State or locality to be served by the partnership; and to inform the communities and other persons about the availability of grants, loans, training, and technical assistance; review and underwrite projects to determine whether— a proposed project meets the criteria for eligible projects under section __02; and a proposed project meets the criteria for priority projects under subsection
(g)of such section; provide technical assistance services to operators and developers of healthy food retailers; track and report outcomes, including— the number of jobs created or retained; the quantity of healthy food retailer space created or retained and the quantity of regional food hub capacity developed; and such other health and economic indicators as are required by the national fund manager; monitor and audit funded projects to ensure compliance with the Initiative, the national fund manager, and partnership program requirements for a period of at least 3 years; submit an annual report to the national fund manager that describes— the activities of the partnership; the expenditure of local funds; and success in meeting performance targets and satisfying such other terms and conditions as are specified in the agreement between the partnership and the national fund manager; and coordinate with the national fund manager for the smooth operation of the Initiative. As a condition on the receipt of assistance under this section, each partnership shall submit to the national fund manager for approval a 3-year budget and plan for all program and operating costs, including— costs for research and evaluation, technical assistance, and training; and administrative and operating costs. Earned revenues from loan fees and interest may be expended on program and operating costs in accordance with the budget approved by the national fund manager. The national fund manager shall base the review of the budget and plan under paragraph
(1)on the likelihood of the budget and plan to further the purposes of the Initiative.