Sec. 6201. Strengthening regional economic development incentives
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Section 379H of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 2008v ) is amended to read as follows: In the case of any program as determined by the Secretary, the Secretary shall give priority to an application for a project that, as determined and approved by the Secretary— meets the applicable eligibility requirements of this title or other applicable authorizing law; will be carried out in a rural area; and supports the implementation of a strategic community investment plan described in subsection
(d)on a multisectoral and multijurisdictional basis. Subject to paragraph (2), the Secretary shall reserve a portion of the funds made available for a fiscal year for programs as determined by the Secretary, for projects that support the implementation of a strategic community investment plan described in subsection
(d)on a multisectoral and multijurisdictional basis. The reservation of funds described in paragraph
(1)may only extend through a date of the fiscal year in which the funds were first made available, as determined by the Secretary. Any applicant who submitted a funding application that was approved before the date of enactment of this section may amend the application to qualify for the funds reserved under subsection (b). Any rural development application authorized under section 306(a)(2), 306(a)(14), 306(a)(24), 306A, or 310B(b) and approved by the Secretary before the date of enactment of this section shall be eligible for the funds reserved under subsection
(b)on the same basis as the applications submitted under this section, until September 30, 2019. The Secretary shall provide assistance to rural communities for developing strategic community investment plans. A strategic community investment plan described in paragraph
(1)shall include— a variety of activities designed to facilitate a rural community’s vision for its future; participation by multiple stakeholders, including local and regional partners; leverage of applicable regional resources; investment from strategic partners, such as— private organizations; cooperatives; other government entities; Tribes; and philanthropic organizations; clear objectives with the ability to establish measurable performance metrics; action steps for implementation; and any other elements necessary to ensure that the plan results in a comprehensive and strategic approach to rural economic development, as determined by the Secretary. The Secretary shall coordinate with tribes and local, State, regional, and Federal partners to develop strategic community investment plans under this subsection. There is authorized to be appropriated $5,000,000 for fiscal years 2018 through 2023 to carry out this subsection. The amounts made available to carry out this subsection are authorized to remain available until expended. .
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Sec. 6201
Strengthening regional economic development incentives
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