§15505 — Title 40 Public Buildings, Property, and Works | U.S. Code

Summary

A Commission may give grants to a local development district to help pay for development planning and administrative costs. Grants can pay up to 80% of those costs. If a State agency is certified as a local development district, it can get grants for no more than 3 fiscal years. The district’s share can be cash or things like space, equipment, or services, fairly valued. The local development district must be the lead local group across multiple counties. It must help the Commission reach local governments, community groups, businesses, and the public. It must link state and local governments, nonprofits, businesses, and citizens. It must help those groups find, evaluate, and carry out projects to grow the region’s economy.

Title 40, §15505

Public Buildings, Property, and Works — Source: USLM XML via OLRC

(a)Subject to the requirements of this section, a Commission may make grants to a local development district to assist in the payment of development planning and administrative expenses.

(b)(1)The amount of a grant awarded under this section may not exceed 80 percent of the administrative and planning expenses of the local development district receiving the grant.

(2)In the case of a State agency certified as a local development district, a grant may not be awarded to the agency under this section for more than 3 fiscal years.

(3)The contributions of a local development district for administrative expenses may be in cash or in kind, fairly evaluated, including space, equipment, and services.

(c)A local development district shall—

(1)operate as a lead organization serving multicounty areas in the region at the local level;

(2)assist the Commission in carrying out outreach activities for local governments, community development groups, the business community, and the public;

(3)serve as a liaison between State and local governments, nonprofit organizations (including community-based groups and educational institutions), the business community, and citizens; and

(4)assist the individuals and entities described in paragraph (3) in identifying, assessing, and facilitating projects and programs to promote the economic development of the region.

Notes & Related Subsidiaries

Editorial Notes

Codification Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective on the first day of the first fiscal year beginning after June 18, 2008, see section 14217(d) of Pub. L. 110–246, set out as a note under section 15101 of this title.

§15505 Local Development Districts and Organizations