US Code

Public Law 119-73 (01/23/2026)

42 U.S.C. § 9806

Establishment and scope of programs

(a)
The Secretary is authorized to provide financial assistance in the form of grants to nonprofit and for profit community development corporations and other affiliated and supportive agencies and organizations associated with qualifying community development corporations for the payment of all or part of the cost of programs which are designed to carry out the purposes of this part. Financial assistance shall be provided so that each community economic development program is of sufficient size, scope, and duration to have an appreciable impact on the area served. Such programs may include—
(1)
community business and commercial development programs, including (A) programs which provide financial and other assistance (including equity capital) to start, expand, or locate businesses in or near the area served so as to provide employment and ownership opportunities for residents of such areas; and (B) programs for small businesses located in or owned by residents of such areas;
(2)
community physical development programs, including industrial parks and housing activities, which contribute to an improved environment and which create new training, employment and ownership opportunities for residents of such area;
(3)
1
1 See References in Text note below.
training and public service employment programs and related services for unemployed or low-income persons which support and complement community development programs financed under this part, including, without limitation, activities such as the activities described in title I of the Workforce Investment Act of 1998;  and
(4)
social service programs which support and complement community business and commercial development programs financed under this part, including child care, educational services, health services, credit counseling, energy conservation, recreation services, and programs for the maintenance of housing facilities.
(b)
The Secretary shall conduct programs assisted under this part so as to contribute, on an equitable basis between urban and rural areas, to the elimination of poverty and the establishment of permanent economic and social benefits in such areas.

Pub. L. 97–35, title VI, § 61795 Stat. 491Pub. L. 105–277, div. A, § 101(f) [title VIII, § 405(d)(40), (f)(31)]112 Stat. 2681–337(, , ; , , , 2681–427, 2681–434.)

Editorial Notes

References in Text

Pub. L. 105–220112 Stat. 936Pub. L. 113–128, title V128 Stat. 1703section 3361(a) of Title 29Pub. L. 113–128128 Stat. 1425section 3101 of this titleThe Workforce Investment Act of 1998, referred to in subsec. (a)(3), is , , , and was repealed by , §§ 506, 511(a), , , 1705, effective . Title I of the Act was classified principally to former chapter 30 (former § 2801 et seq.) of Title 29, Labor. Pursuant to , references to a provision of the Workforce Investment Act of 1998 are deemed to refer to the corresponding provision of the Workforce Innovation and Opportunity Act, , , , effective . For complete classification of the Workforce Investment Act of 1998 to the Code, see Tables. For complete classification of the Workforce Innovation and Opportunity Act to the Code, see Short Title note set out under and Tables.

Amendments

Pub. L. 105–277, § 101(f) [title VIII, § 405(f)(31)]1998—Subsec. (a)(3). , struck out “the Job Training Partnership Act or” after “activities described in”.

Pub. L. 105–277, § 101(f) [title VIII, § 405(d)(40)], substituted “activities such as the activities described in the Job Training Partnership Act or title I of the Workforce Investment Act of 1998” for “activities such as those described in the Comprehensive Employment and Training Act”.

Statutory Notes and Related Subsidiaries

Effective Date of 1998 Amendment

Pub. L. 105–277Pub. L. 105–277Pub. L. 105–277section 3502 of Title 5Amendment by section 101(f) [title VIII, § 405(d)(40)] of effective , and amendment by section 101(f) [title VIII, § 405(f)(31)] of effective , see section 101(f) [title VIII, § 405(g)(1), (2)(B)] of , set out as a note under , Government Organization and Employees.