Sec. 6025. STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT
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## SEC. 6025 STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT Subtitle D of the Consolidated Farm and Rural Development Act (7 U.S.C. 1981 et seq.) is amended by adding at the end the following: > > ## “SEC. 379H STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT > > **[**[7 U.S.C. 2008v](/us/usc/t7/s2008v)**]** > > > ### “(a) In General > > In the case of any rural development program described in subsection (d)(2), the Secretary may give priority to an application for a project that, as determined and approved by the Secretary— > > > #### “(1) > > meets the applicable eligibility requirements of this title; > > > #### “(2) > > will be carried out solely in a rural area; and > > > #### “(3) > > supports strategic community and economic development plans on a multijurisdictional basis. > > > ### “(b) Rural Area > > For purposes of subsection (a)(2), the Secretary shall consider an application to be for a project that will be carried out solely in a rural area only if— > > > #### “(1) > > in the case of an application for a project in the rural community facilities category described in subsection (d)(2)(A), the project will be carried out in a rural area described in section 343(a)(13)(C); > > > #### “(2) > > in the case of an application for a project in the rural utilities category described in subsection (d)(2)(B), the project will be carried out in a rural area described in section 343(a)(13)(B); and > > > #### “(3) > > in the case of an application for a project in the rural business and cooperative development category described in subsection (d)(2)(C), the project will be carried out in a rural area described in section 343(a)(13)(A). > > > ### “(c) Evaluation > > > #### “(1) In general > > In evaluating strategic applications, the Secretary shall give a higher priority to strategic applications for a plan described in subsection
(a)that demonstrates to the Secretary— > > > ##### “(A) > > the plan was developed through the collaboration of multiple stakeholders in the service area of the plan, including the participation of combinations of stakeholders such as State, local, and tribal governments, nonprofit institutions, institutions of higher education, and private entities; > > > ##### “(B) > > an understanding of the applicable regional resources that could support the plan, including natural resources, human resources, infrastructure, and financial resources; > > > ##### “(C) > > investment from other Federal agencies; > > > ##### “(D) > > investment from philanthropic organizations; and > > > ##### “(E) > > clear objectives for the plan and the ability to establish measurable performance measures and to track progress toward meeting the objectives. > > > #### “(2) Consistency with plans > > Applications involving State, county, municipal, or tribal governments shall include an indication of consistency with an adopted regional economic or community development plan. > > > ### “(d) Funds > > > #### “(1) In general > > Subject to paragraph
(3)and subsection (e), the Secretary may reserve for projects that support multijurisdictional strategic community and economic development plans described in subsection
(a)an amount that does not exceed 10 percent of the funds made available for a fiscal year for a functional category described in paragraph (2). > > > #### “(2) Functional categories > > The functional categories described in this subsection are the following: > > > ##### “(A) Rural community facilities category > > The rural community facilities category consists of all amounts made available for community facility grants and direct and guaranteed loans under paragraph (1), (19), (20), (21), (24), or
(25)of section 306(a). > > > ##### “(B) Rural utilities category > > The rural utilities category consists of all amounts made available for— > > > ###### “(i) > > water or waste disposal grants or direct or guaranteed loans under paragraph (1), (2), or
(24)of section 306(a); > > > ###### “(ii) > > rural water or wastewater technical assistance and training grants under section 306(a)(14); > > > ###### “(iii) > > emergency community water assistance grants under section 306A; or > > > ###### “(iv) > > solid waste management grants under section 310B(b). > > > ##### “(C) Rural business and cooperative development category > > The rural business and cooperative development category consists of all amounts made available for— > > > ###### “(i) > > business and industry direct and guaranteed loans under section 310B(a)(2)(A); or > > > ###### “(ii) > > rural business development grants under section 310B(c). > > > #### “(3) Period > > The reservation of funds described in paragraph
(2)may only extend through June 30 of the fiscal year in which the funds were first made available. > > > ### “(e) Approved Applications > > > #### “(1) In general > > Any applicant who submitted a rural development application that was approved before the date of enactment of this section may amend the application to qualify for the funds reserved under subsection (d)(1). > > > #### “(2) Rural utilities > > 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 (d)(1) on the same basis as the applications submitted under this section until September 30, 2016.” > .
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