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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.

  1. 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

Credits

(Pub. L. 97–35, title VI, § 624, , 95 Stat. 495.)

Parsed from the official OLRC USLM XML in data/usc_all/usc42.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t42/s9813