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42 U.S.C. § 9812 — Federal share; amount; availability; ownership of property acquired with Federal financial assistance

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 9812 — Federal share; amount; availability; ownership of property acquired with Federal financial assistance

**(a)** (1) Assistance provided under this subchapter to any program described in [section 9807(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section9807/a&num=0&edition=prelim) shall not exceed 90 percent of the cost of such program, including costs of administration, unless the Secretary determines that the assistance in excess of such percentage is required in furtherance of the purposes of this subchapter. Non-Federal contributions may be in cash or in kind, fairly evaluated, including but not limited to plant, equipment, and services. (2) The assistance referred to in paragraph (1) shall be made available (A) for deposit to the order of grantees which have demonstrated successful program performance, under conditions which the Secretary deems appropriate, within 30 days following approval of the grant agreement by the Secretary and such grantee; or (B) whenever the Secretary deems appropriate, in accordance with applicable rules and regulations prescribed by the Secretary of the Treasury, and including any other conditions which the Secretary of Health and Human Services deems appropriate, within 30 days following approval of the grant agreement by the Secretary and such grantee. **(b)** Property acquired as a result of capital investments made by any community development corporation with funds granted as its Federal share of the cost of programs carried out under this subchapter, and the proceeds from such property, shall become the property of the community development corporation and shall not be considered to be Federal property. The Federal Government retains the right to direct that on severance of the grant relationship the assets purchased with grant funds shall continue to be used for the original purpose for wh

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Stable record: federal_law:legal_authorities:record_usc_483bbf6a338d9293dfd6028e
Source file: Laws/federal/codes/united-states-code/title-42/section-9812-federal-share-amount-availability-ownership-of-property-acquired-with-fe--2e718da868.md
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Passage SHA-256: 542e7b25e461ab39c67dd112fc3de1cf50695ab8b85c6a50f2cf67ef0e7b14af

Source location: Title 42, Chapter 105, § 9812; chapter-105-community-services-programs.md

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**(a)** (1) Assistance provided under this subchapter to any program described in [section 9807(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section9807/a&num=0&edition=prelim) shall not exceed 90 percent of the cost of such program, including costs of administration, unless the Secretary determines that the assistance in excess of such percentage is required in furtherance of the purposes of this subchapter. Non-Federal contributions may be in cash or in kind, fairly evaluated, including but not limited to plant, equipment, and services. (2) The assistance referred to in paragraph (1) shall be made available (A) for deposit to the order of grantees which have demonstrated successful program performance, under conditions which the Secretary deems appropriate, within 30 days following approval of the grant agreement by the Secretary and such grantee; or (B) whenever the Secretary deems appropriate, in accordance with applicable rules and regulations prescribed by the Secretary of the Treasury, and including any other conditions which the Secretary of Health and Human Services deems appropriate, within 30 days following approval of the grant agreement by the Secretary and such grantee. **(b)** Property acquired as a result of capital investments made by any community development corporation with funds granted as its Federal share of the cost of programs carried out under this subchapter, and the proceeds from such property, shall become the property of the community development corporation and shall not be considered to be Federal property. The Federal Government retains the right to direct that on severance of the grant relationship the assets purchased with grant funds shall continue to be used for the original purpose for which they were granted.

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 1933 — Assistance for rural entities

**(a) Loans to private business enterprises** (1) **Definitions** — In this subsection: (A) *Aquaculture* — The term “aquaculture” means the culture or husbandry of aquatic animals or plants by private industry for commercial purposes including the culture and growing of fish by private industry for the purpose of creating or augmenting publicly owned and regulated stocks of fish. (B) *Solar energy* — The term “solar energy” means energy derived from sources (other than fossil fuels) and technologies included in the Federal Nonnuclear Energy Research and Development Act of 1974, as amended [[42 U.S.C. 5901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section5901&num=0&edition=prelim) et seq.]. (2) **Loan purposes** — The Secretary may make and insure loans to public, private, or cooperative organizations organized for profit or nonprofit and private investment funds that invest primarily in cooperative organizations, to Indian tribes on Federal and State reservations or other federally recognized Indian tribal groups, or to individuals for the purposes of— (A) improving, developing, or financing business, industry, and employment (including through the financing of working capital) and improving the economic and environmental climate in rural communities, including pollution abatement and control; (B) the conservation, development, and use of water for aquaculture purposes in rural areas; (C) reducing the reliance on nonrenewable energy resources by encouraging the development and construction of solar energy systems and other renewable energy systems (including wind energy systems and anaerobic digestors for the purpose of energy generation), including the modification of existing systems, in rural areas; and (D) to facilita

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1933

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 9812 — Development loan fund

Page 7827 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 9812 1 So in original. Probably should be ‘‘nonagricultural’’. 9807(a) of this title shall not exceed 90 percent of the cost of such program, including costs of ad- ministration, unless the Secretary determines that the assistance in excess of such percentage is required in furtherance of the purposes of this subchapter. Non-Federal contributions may be in cash or in kind, fairly evaluated, including but not limited to plant, equipment, and serv- ices. (2) The assistance referred to in paragraph (1) shall be made available (A) for deposit to the order of grantees which have demonstrated suc- cessful program performance, under conditions which the Secretary deems appropriate, within 30 days following approval of the grant agree- ment by the Secretary and such grantee; or (B) whenever the Secretary deems appropriate, in accordance with applicable rules and regulations prescribed by the Secretary of the Treasury, and including any other conditions which the Sec- retary of Health and Human Services deems ap- propriate, within 30 days following approval of the grant agreement by the Secretary and such grantee. (b) Property acquired as a result of capital in- vestments made by any community develop- ment corporation with funds granted as its Fed- eral share of the cost of programs carried out under this subchapter, and the proceeds from such property, shall become the property of the community development corporation and shall not be considered to be Federal property. The Federal Government retains the right to direct that on severance of the grant relationship the assets purchased with grant funds shall continue to be used for the original purpose for which they were granted. (Pub. L. 97–35, title

Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 9812

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