§2009aa–7 — Title 7 Agriculture | U.S. Code

Summary

When picking projects to fund, the Authority must use procedures that, as much as possible, look at six things: how the project fits regional growth; local per-person income, poverty, and jobless rates; the applicant’s money and whether the project is well financed; how important the project is compared with others asking for the same money; whether the project will bring lasting job and income gains for the area; and whether the project has clear ways to measure results and how money is spent. The money cannot pay for moving a person or business from one area to another, except it can be used to attract businesses from outside the region. The Authority may only fund a project if other Federal or State aid for the same kind of project in that area will not be cut because of these funds.

Title 7, §2009aa–7

Agriculture — Source: USLM XML via OLRC

(a)In considering programs and projects to be provided assistance under this subchapter, and in establishing a priority ranking of the requests for assistance provided by the Authority, the Authority shall follow procedures that ensure, to the maximum extent practicable, consideration of—

(1)the relationship of the project or class of projects to overall regional development;

(2)the per capita income and poverty and unemployment rates in an area;

(3)the financial resources available to the applicants for assistance seeking to carry out the project, with emphasis on ensuring that projects are adequately financed to maximize the probability of successful economic development;

(4)the importance of the project or class of projects in relation to other projects or classes of projects that may be in competition for the same funds;

(5)the prospects that the project for which assistance is sought will improve, on a continuing rather than a temporary basis, the opportunities for employment, the average level of income, or the economic development of the area served by the project; and

(6)the extent to which the project design provides for detailed outcome measurements by which grant expenditures and the results of the expenditures may be evaluated.

(b)No financial assistance authorized by this subchapter shall 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 chapter to attract businesses from outside the region to the region.

(c)Funds may be provided for a program or project in a State under this subchapter only if the Authority determines that the level of Federal or State financial assistance provided under a law other than this subchapter, for the same type of program or project in the same area of the State within the region, will not be reduced as a result of funds made available by this subchapter.

Notes & Related Subsidiaries

Editorial Notes

References in Text

This chapter, referred to in subsec. (b), was in the original “this title”, meaning title III of Pub. L. 87–128, Aug. 8, 1961, 75 Stat. 307, known as the Consolidated Farm and Rural Development Act, which is classified principally to this chapter. For complete classification of title III to the Code, see

Short Title

note set out under section 1921 of this title and Tables.

§2009aa–7 Program development criteria