34 U.S.C. § 12181 — Purpose

submitted 32 years ago by Pub. L. 103-322 to r/title-34-CRIME-CONTROL-AND-LAW-ENFORCEMENT · 46 words · no verdicts yet

in plain englishAI-generated · not legal advice

This subpart aims to boost private investment in struggling communities. It helps local institutions better serve residents' economic needs. It does this by giving money and technical help to community development corporations.

This section has no lettered subsections. It states the goal of this subpart of the law. The purpose is to increase private investment in distressed local communities. The subpart also aims to build up and expand what local institutions can do. The goal is for those institutions to better serve the economic needs of local residents. The law does this by giving financial and technical assistance to community development corporations.

the actual law source: uscode.house.gov ↗public domain

It is the purpose of this subpart to increase private investment in distressed local communities and to build and expand the capacity of local institutions to better serve the economic needs of local residents through the provision of financial and technical assistance to community development corporations.

Source credit: (Pub. L. 103–322, title III, § 31111, Sept. 13, 1994, 108 Stat. 1882.)

history & why it existsrecord from the source credit

1994Enacted · Pub. L. 103-322 · 108 Stat. 1882

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-322 on 1994-09-13.

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