§2008c — Title 7 Agriculture | U.S. Code

Summary

The Secretary can give grants to public agencies, nonprofit groups, economic development authorities, colleges, federally recognized Indian Tribes, and rural cooperatives so they can get or provide technical help and training to prepare funding requests for programs run by the Rural Business-Cooperative Service. Grants may help with planning local business needs, finding financing, doing necessary reports and surveys, and preparing loan or aid applications. Priority must go to persistent-poverty counties and high-poverty communities. Congress authorized $5,000,000 for each fiscal year 2019 through 2023 for these grants, available until spent. Any authorized amount not funded in one year may be funded the next year.

Title 7, §2008c

Agriculture — Source: USLM XML via OLRC

(a)The Secretary may make grants to public bodies, private nonprofit corporations, economic development authorities, institutions of higher education, federally recognized Indian Tribes, and rural cooperatives for the purpose of providing or obtaining technical assistance and training to support funding applications for programs carried out by the Secretary, acting through the Administrator of the Rural Business-Cooperative Service.

(b)A grant under subsection (a) may be used—

(1)to assist communities in identifying and planning for business and economic development needs;

(2)to identify public and private resources to finance business and small and emerging business needs;

(3)to prepare reports and surveys necessary to request financial assistance for businesses in rural communities; and

(4)to prepare applications for financial assistance.

(c)In selecting recipients of grants under this section, the Secretary shall give priority to grants serving persistent poverty counties and high poverty communities, as determined by the Secretary.

(d)(1)There is authorized to be appropriated to carry out this section $5,000,000 for each of fiscal years 2019 through 2023, to remain available until expended.

(2)Any amounts authorized to be appropriated under paragraph (1) for any fiscal year that are not appropriated for that fiscal year may be appropriated for the immediately succeeding fiscal year.

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 2008c, Pub. L. 87–128, title III, § 368, as added Pub. L. 101–624, title XXIII, § 2317, Nov. 28, 1990, 104 Stat. 4009, related to allocation and transfer of loan guarantee authority, prior to repeal by Pub. L. 104–127, title VII, § 756, Apr. 4, 1996, 110 Stat. 1131.

§2008c Rural Business-Cooperative Service programs technical assistance and training

Summary

Title 7, §2008c

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

Citations & Metadata