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22 U.S.C. § 9655 — Publicly available project information
Federal law — U.S. Code and appendices · legal_authorities
The Corporation shall—
(1) maintain a user-friendly, publicly available, machine-readable database with detailed project-level information, as appropriate and to the extent practicable, including a description of the support provided by the Corporation under subchapter II of this chapter, which shall include, to the greatest extent feasible for each project—
(A) the information included in the report to Congress under [section 9653 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section9653&num=0&edition=prelim);
(B) project-level performance metrics; and
(C) a description of the development impact of the project, including anticipated impact prior to initiation of the project and assessed impact during and after the completion of the project; and
(2) include a clear link to information about each project supported by the Corporation under subchapter II of this chapter on the internet website of the Department of State, “ForeignAssistance.gov”, or a successor website or other online publication.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 9655
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Stable record: federal_law:legal_authorities:record_usc_a32e7c1e06770223de0955ff
Source file: Laws/federal/codes/united-states-code/title-22/section-9655-publicly-available-project-information--8ad361d34f.md
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Passage SHA-256: 0cc9e3c9362c2aec58c1e23ec5801c97dcbdcbfc7878cc7d64d292dbe1593c4f
Source location: Title 22, Chapter 103, § 9655; chapter-103-better-utilization-of-investments-leading-to-development.md
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The Corporation shall—
(1) maintain a user-friendly, publicly available, machine-readable database with detailed project-level information, as appropriate and to the extent practicable, including a description of the support provided by the Corporation under subchapter II of this chapter, which shall include, to the greatest extent feasible for each project—
(A) the information included in the report to Congress under [section 9653 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section9653&num=0&edition=prelim);
(B) project-level performance metrics; and
(C) a description of the development impact of the project, including anticipated impact prior to initiation of the project and assessed impact during and after the completion of the project; and
(2) include a clear link to information about each project supported by the Corporation under subchapter II of this chapter on the internet website of the Department of State, “ForeignAssistance.gov”, or a successor website or other online publication.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Corporation shall develop a performance measurement system to evaluate and monitor projects supported by the Corporation under subchapter II of this chapter and to guide future projects of the Corporation.
**(b) Considerations** In developing the performance measurement system required by subsection (a), the Corporation shall—
(1) develop a development impact measurement system, to be known as the Corporation’s Impact Quotient, which shall—
(A) serve as a metrics-based measurement system to assess a project’s expected outcomes and development impact on a country, a region, and populations throughout the sourcing, origination, management, monitoring, and evaluation stages of a project’s lifecycle;
(B) enable the Corporation to assess development impact at both the project and portfolio level;
(C) provide guidance on when to take appropriate corrective measures to further development goals throughout a project’s lifecycle; and
(D) inform congressional notification requirements outlining the Corporation’s project development impacts;
(2) develop a mechanism for ensuring that support provided by the Corporation under subchapter II of this chapter is in addition to private investment;
(3) develop standards for, and a method for ensuring, appropriate financial performance of the Corporation’s portfolio;
(4) develop standards for, and a method for evaluating and documenting the development impacts of the Corporation’s portfolio, including—
(A) measurement of the projected and ex post development impact of a project; and
(B) the information necessary to comply with [section 9653 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section9653&num=0&edition=prelim);
(5) develop standards for, and a met
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 9653
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Structure of Corporation** There shall be in the Corporation a Board of Directors (in this chapter referred to as the “Board”), a Chief Executive Officer, a Deputy Chief Executive Officer, a Chief Risk Officer, a Chief Development Officer, a Chief Strategic Officer, and such other officers as the Board may determine.
**(b) Board of Directors**
(1) **Duties** — All powers of the Corporation shall vest in and be exercised by or under the authority of the Board. The Board—
(A) shall perform the functions specified to be carried out by the Board in this chapter;
(B) may prescribe, amend, and repeal bylaws, rules, regulations, policies, and procedures governing the manner in which the business of the Corporation may be conducted and in which the powers granted to the Corporation by law may be exercised; and
(C) shall develop, in consultation with stakeholders, other interested parties, and the appropriate congressional committees, a publicly available policy with respect to consultations, hearings, and other forms of engagement in order to provide for meaningful public participation in the Board’s activities.
(2) **Membership of Board**
(A) *In general* — The Board shall consist of—
(i) the Chief Executive Officer of the Corporation;
(ii) the officers specified in subparagraph (B); and
(iii) four other individuals who shall be appointed by the President, by and with the advice and consent of the Senate, of which—
(I) one individual should be appointed from among a list of at least 3 individuals submitted by the majority leader of the Senate after consultation with the chairman of the Committee on Foreign Relations of the Senate;
(II) one individual should be appointed from among a list of at least 3 individuals submitted by t
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 9614
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Federal law — U.S. Code and appendices · legal_authorities
Page 2284
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 9655
under subchapter II of this chapter on the
internet website of the Department of State,
‘‘ForeignAssistance.gov’’,
or
a
successor
website or other online publication.
(Pub. L. 115–254, div. F, title IV, § 1444, Oct. 5,
2018, 132 Stat. 3506.)
§ 9655. Engagement with investors
(a) In general
The Corporation, acting through the Chief De-
velopment Officer, shall, in cooperation with the
Administrator of the United States Agency for
International Development—
(1) develop a strategic relationship with pri-
vate sector entities focused at the nexus of
business opportunities and development prior-
ities;
(2) engage such entities and reduce business
risks primarily through direct transaction
support and facilitating investment partner-
ships;
(3) develop and support tools, approaches,
and intermediaries that can mobilize private
finance at scale in the developing world;
(4) pursue highly developmental projects of
all sizes, especially those that are small but
designed for work in the most underdeveloped
areas, including countries with chronic suf-
fering as a result of extreme poverty, fragile
institutions, or a history of violence; and
(5) pursue projects consistent with the policy
of the United States described in section 9611
of this title and the Joint Strategic Plan and
the Mission Country Development Cooperation
Strategies of the United States Agency for
International Development.
(b) Assistance
To achieve the goals described in subsection
(a), the Corporation shall—
(1) develop risk mitigation tools;
(2) provide transaction structuring support
for blended finance models;
(3) support intermediaries linking capital
supply and demand;
(4) coordinate with other Federal agencies
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 9655
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.