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42 U.S.C. § 9822 — Coordination and eligibility
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Secretary shall take all necessary and appropriate steps to encourage Federal departments and agencies and State and local governments to make grants, provide technical assistance, enter into contracts, and generally support and cooperate with community development corporations and local cooperative associations.
**(b)** Eligibility for assistance under other Federal programs shall not be denied to any applicant on the ground that it is a community development corporation or any other entity assisted under this subchapter.
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Source location: Title 42, Chapter 105, § 9822; chapter-105-community-services-programs.md
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**(a)** The Secretary shall take all necessary and appropriate steps to encourage Federal departments and agencies and State and local governments to make grants, provide technical assistance, enter into contracts, and generally support and cooperate with community development corporations and local cooperative associations.
**(b)** Eligibility for assistance under other Federal programs shall not be denied to any applicant on the ground that it is a community development corporation or any other entity assisted under this subchapter.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The Board may exercise the authority granted to it by the Community Development Credit Union Revolving Loan Fund Transfer Act, including any additional appropriation made or earnings accrued, subject only to this section and to regulations prescribed by the Board.
**(b) Investment** The Board may invest any idle Fund moneys in United States Treasury securities. Any interest accrued on such securities shall become a part of the Fund.
**(c) Loans** The Board may require that any loans made from the Fund be matched by increased shares in the borrower credit union.
**(d) Interest** Interest earned by the Fund may be allocated by the Board for technical assistance to community development credit unions, subject to an appropriations Act.
**(e) “Fund” defined** As used in this section, the term “Fund” means the Community Development Credit Union Revolving Loan Fund.
Source: Supplied U.S. Code snapshot — release unconfirmed · 12 U.S.C. § 1772e
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Federal law — U.S. Code and appendices · legal_authorities
Funds appropriated to the Rural Development Loan Fund under title VII of the Economic Opportunity Act of 1964 [[42 U.S.C. 2981](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2981&num=0&edition=prelim) et seq.] (as in effect on August 12, 1981), and interest accumulated in such fund, shall be deposited in the Rural Development Loan Fund established under [section 9812(c)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section9812/c/1&num=0&edition=prelim) and shall continue to be available to carry out the purposes of such fund. Funds appropriated to the Community Development Credit Union Revolving Loan Fund under title VII of the Economic Opportunity Act of 1964 (as in effect on August 12, 1981), and interest accumulated in such fund, shall continue to be available to carry out the purposes of such fund.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 9804
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorities, scope, and purposes; conditions; interest rate; repayment** The Secretary is authorized to make or guarantee loans (either directly or in cooperation with banks or other organizations through agreements to participate on an immediate or deferred basis) to community development corporations, to families and local cooperatives and the designated supportive organizations of cooperatives eligible for financial assistance under this subchapter, to private nonprofit organizations receiving assistance under chapter 106 of this title, or to public and private nonprofit organizations or agencies, for business facilities and community development projects, including community development credit unions, which the Secretary determines will carry out the purposes of this part. No loans, guarantees, or other financial assistance shall be provided under this section unless the Secretary determines that—
(1) there is reasonable assurance of repayment of the loan;
(2) the loan is not otherwise available on reasonable terms from private sources or other Federal, State, or local programs; and
(3) the amount of the loan, together with other funds available, is adequate to assure completion of the project or achievement of the purposes for which the loan is made.
Loans made by the Secretary pursuant to this section shall bear interest at a rate not less than a rate determined by the Secretary of the Treasury taking into consideration the average market yield on outstanding Treasury obligations of comparable maturity, plus such additional charge, if any, toward covering other costs of the program as the Secretary of Health and Human Services may determine to be consistent with its purposes, except that, for the 5 years following the date in which funds are initially ava
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 9815
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Federal law — U.S. Code and appendices · legal_authorities
Page 7832
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 9820
Code, see Short Title note set out under section 9901 of
this title and Tables.
§ 9820. Grants to plan economic development and
cooperative programs
In order to facilitate the purposes of this sub-
chapter, the Secretary is authorized to provide
financial assistance to any public or private
nonprofit agency or organization for planning of
community economic development programs
and cooperative programs under this sub-
chapter.
(Pub. L. 97–35, title VI, § 631, Aug. 13, 1981, 95
Stat. 498.)
§ 9821. Nondiscrimination provisions
(a) The Secretary shall not provide financial
assistance for any program, project, or activity
under this subchapter unless the grant or con-
tract with respect thereto specifically provides
that no person with responsibilities in the oper-
ation thereof will discriminate with respect to
any such program, project, or activity because
of race, creed, color, national origin, sex, polit-
ical affiliation, or beliefs.
(b) No person in the United States shall on the
ground of sex be excluded from participation in,
be denied the benefits of, be subjected to dis-
crimination under, or be denied employment in
connection with any program or activity receiv-
ing assistance under this subchapter. The Sec-
retary shall enforce the provisions of the pre-
ceding sentence in accordance with section
2000d–1 of this title. Section 2000d–2 of this title
shall apply with respect to any action taken by
the Secretary to enforce such sentence. This
section shall not be construed as affecting any
other legal remedy that a person may have if
such person is excluded from participation in,
denied the benefits of, subjected to discrimina-
tion under, or denied employment in connection
with, a
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 9822
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