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Code · U.S. Code · Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS · CHAPTER 155— FINANCIAL ASSISTANCE · § 15501

§ 15501. Economic and infrastructure development grants

830 words·~4 min read·/usc/title-40/section-15501

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)In General.— A Commission may make grants to States and local governments, Indian tribes, and public and nonprofit organizations for projects, approved in accordance with section 15503—
(1)to develop the transportation infrastructure of its region;
(2)to develop the basic public infrastructure of its region;
(3)to develop the telecommunications infrastructure of its region;
(4)to assist its region in obtaining job skills training, skills development and employment-related education, entrepreneurship, technology, and business development;
(5)to provide assistance to severely economically distressed and underdeveloped areas of its region that lack financial resources for improving basic health care and other public services;
(6)to promote resource conservation, tourism, recreation, and preservation of open space in a manner consistent with economic development goals;
(7)to promote the development of renewable and alternative energy sources;
(8)to grow the capacity for successful community economic development in its region; and
(9)to otherwise achieve the purposes of this subtitle.
(b)Allocation of Funds.— A Commission shall allocate at least 40 percent of any grant amounts provided by the Commission in a fiscal year for projects described in paragraph (1), (2), (3), or
(7)of subsection (a).
(c)Sources of Grants.— Grant amounts may be provided entirely from appropriations to carry out this subtitle, in combination with amounts available under other Federal grant programs, or from any other source.
(d)Maximum Commission Contributions.—
(1)In general.— Subject to paragraphs
(2)and (3), the Commission may contribute not more than 50 percent of a project or activity cost eligible for financial assistance under this section from amounts appropriated to carry out this subtitle.
(2)Distressed counties.— The maximum Commission contribution for a project or activity to be carried out in a county for which a distressed county designation is in effect under section 15702 may be increased to 80 percent.
(3)Special rule for regional projects.— A Commission may increase to 60 percent under paragraph
(1)and 90 percent under paragraph
(2)the maximum Commission contribution for a project or activity if—
(A)the project or activity involves 3 or more counties or more than one State; and
(B)the Commission determines in accordance with section 15302(a) that the project or activity will bring significant interstate or multicounty benefits to a region.
(e)Maintenance of Effort.— Funds may be provided by a Commission for a program or project in a State under this section only if the Commission determines that the level of Federal or State financial assistance provided under a law other than this subtitle, for the same type of program or project in the same area of the State within region, will not be reduced as a result of funds made available by this subtitle.
(f)No Relocation Assistance.— Financial assistance authorized by this section may not be used to assist a person or entity in relocating from one area to another, except that financial assistance may be used as otherwise authorized by this subtitle to attract businesses to the region from outside the United States.
(Added Pub. L. 110–234, title XIV, § 14217(a)(2), May 22, 2008, 122 Stat. 1474, and Pub. L. 110–246, § 4(a), title XIV, § 14217(a)(2), June 18, 2008, 122 Stat. 1664, 2236; amended Pub. L. 115–334, title VI, § 6304(b), Dec. 20, 2018, 132 Stat. 4749.)
Connections33 cite this · traces to 5
Cited by 33 sections · top 18
12 references not yet in our index
  • Pub. L. 110–234, title XIV, § 14217(a)(2)
  • 122 Stat. 1474
  • Pub. L. 110–246, § 4(a)
  • 122 Stat. 1664
  • 132 Stat. 4749
  • Pub. L. 110–234
  • Pub. L. 110–246
  • section 4(a) of Pub. L. 110–246
  • section 14217(d) of Pub. L. 110–246
  • 134 Stat. 1379
  • 132 Stat. 4750
  • 138 Stat. 3209
Citation graph
cites case law
§ 15501
Economic and infrastructure development grants
Bills×15
Fed. Reg.×8
Pub. L.×4
Stat. Comp.×2
Stat.×2
U.S.C.×2
Pub. L.Pub. L. 110–234, title XIV, § 14217(a)(2)
Stat.122 Stat. 1474
Pub. L.Pub. L. 110–246, § 4(a)
Stat.122 Stat. 1664
Stat.132 Stat. 4749
Cites 17 · showing 10Cited by 33 across 6 sources
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