Title 42 — The Public Health and Welfare
Part C · Chapter 105 — Community Services Programs
§ 9813. Model Community Economic Development Finance Corporation; establishment; functions
Statutory text
To the extent he deems appropriate, the Secretary shall utilize funds available under this part to prepare a plan of action for the establishment of a Model Community Economic Development Finance Corporation to provide a user-controlled independent and professionally operated long-term financing vehicle with the principal purpose of providing financial support for community economic development corporations, cooperatives, other affiliated and supportive agencies and organizations associated with community economic development corporations, and other entities eligible for assistance under this subchapter.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 97–35 title VI § 624 · 95 Stat. 357
Enacted · 42 U.S.C. § 9813
(Pub. L. 97–35, title VI, § 624, Aug. 13, 1981, 95 Stat. 495.)
Source evidence
Code source credit
(Pub. L. 97–35, title VI, § 624, Aug. 13, 1981, 95 Stat. 495.)Enacted provision · exact public law section
Sec. 624. establishment of model community economic development finance corporation To the extent he deems appropriate, the Secretary shall 42 USC 9813. utilize funds available under this part to prepare a plan of action for the establishment of a Model Community Economic Development Finance Corporation to provide a user-controlled independent and professionally operated long-term financing vehicle with the principal purpose of providing financial support for community economic development corporations, cooperatives, other affiliated and supportive agencies and organizations associated with community economic development corporations, and other entities eligible for assistance under this subchapter.
1 of 1 references resolved to an enrolled provision