§2009bb–7 Program development criteria

Summary

When the Authority decides which projects to fund and how to rank requests, it must use procedures that, as much as possible, look at six things: how the project ties into wider regional or multistate development; local need shown by per capita income, poverty, unemployment, and outmigration; the applicant’s available money so projects are likely to succeed; how important the project is compared with others competing for the same funds; whether the project will give lasting improvements in jobs, incomes, or economic growth; and whether the project has clear ways to measure results and how grant money is spent. Grant money cannot be used to help a person or business move from one area to another, except that funds may be used to attract businesses from outside the region to the region as allowed elsewhere in the chapter. The Authority may only fund a program or project in a State if it finds that other Federal or State aid for the same type of program in the same area will not be reduced because of these funds.