PRIA, Government Policy, Made Personal

§12186 Program Priority for Special Emphasis Programs

Title 34 › Subtitle I — Comprehensive Acts › CHAPTER 121 — VIOLENT CRIME CONTROL AND LAW ENFORCEMENT › SUBCHAPTER II — CRIME PREVENTION › Part E — National Community Economic Partnership › subpart 1 — community economic partnership investment funds › § 12186

Last updated Sep 23, 2026|Official source

Summary

The Secretary must give priority to community development corporations in distressed areas that serve certain underserved groups, expand employee ownership, or make loans up to $35,000 to very small businesses. At least 5 percent of the funds under section 31112(a)(2)(A) must be reserved for these activities.

Title 34, §12186

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(a)In general

The Secretary shall give priority in providing lines of credit under this subpart to community development corporations that propose to undertake economic development activities in distressed communities that target women, Native Americans, at risk youth, farmworkers, population-losing communities, very low-income communities, single mothers, veterans, and refugees; or that expand employee ownership of private enterprises and small businesses, and to programs providing loans of not more than $35,000 to very small business enterprises.

(b)Reservation of funds

Not less than 5 percent of the amounts made available under section 31112(a)(2)(A) may be reserved to carry out the activities described in subsection (a).

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 31112(a)(2)(A), referred to in subsec. (b), probably should be a reference to section 31132(b)(1) of Pub. L. 103–322, title III, Sept. 13, 1994, 108 Stat. 1888, which authorized appropriations under this part and was formerly classified to section 13852 of Title 42, The Public Health and Welfare, prior to being omitted from the Code as obsolete. Codification Section was formerly classified to section 13826 of Title 42, The Public Health and Welfare, prior to editorial reclassification and renumbering as this section.