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Code · BILL · 118th Congress · H.R. 9845 (Introduced in House) — To authorize competitive grants for the establishment of HOPE Accounts Pilot Projects and HOPE Action Plans Pilot Pro... · Sec. 8

Sec. 8. Authorization of appropriations; technical assistance authorized

400 words·~2 min read·/bill/118/hr/9845/ih/section-8

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There is authorized to be appropriated to carry out this Act for each of fiscal years 2025 through 2030— $10,000,000 to the Secretary of Housing and Urban Development, of which— $500,000 shall be used internally by the Department of Housing and Urban Development for staff and other expenses to plan, award, and oversee pilot projects under section 4; and $9,500,000 shall be available for grants under section 4; $10,000,000 to the Secretary of Agriculture, of which— $500,000 shall be used internally by Department of Agriculture for staff and other expenses to plan, award, and oversee pilot projects under section 4; and $9,500,000 shall be available for grants under section 4; and $15,000,000 to the Secretary of Health and Human Services, of which— $500,000 shall be used internally by the Department of Health and Human Services for staff and other expenses to plan, award, and oversee pilot projects under section 4 and the contracts under section 5; $9,500,000 shall be available for grants under section 4; and $5,000,000 shall be available for contracts under section 5.
The Secretary of Health and Human Services, the Secretary of Agriculture, the Secretary of Housing and Urban Development, the Secretary of Veterans of Affairs, the Secretary of the Interior, the Secretary of Labor, the Commissioner of the Internal Revenue Service, the Chief Executive Officer of the Corporation for National and Community Service, the Administrator of the Small Business Administration, the Director of the Office of Management and Budget, the Director of the Office of Science and Technology Policy, the Chairman of the Federal Deposit Insurance Corporation, and the Domestic Policy Council may, to advance the objectives of the pilot projects carried out under section 4 and the contracts carried out under section 5— provide technical assistance; solicit voluntary, nonmonetary assistance from universities, credit unions, and private sector technology companies, banks, and financial institutions; and inform eligible entities of the applicable Federal, State, local, or Tribal statutory and regulatory authorities, including waiver authorities.
Of the amount appropriated to carry out this Act, not less than 10 percent shall be allocated to provide assistance in persistent poverty counties. For purposes of this subsection, the term persistent poverty county means any county that has had 20 percent or more of its population living in poverty during the 30-year period ending on the date of enactment of this Act, as measured by the 2000, 2010, and 2020 decennial censuses.
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