22 U.S.C. § 290m–5 — Grants out of paid-in capital resources

(a) In general: The President must instruct the U.S. government's representatives on the Bank's Board of Directors to oppose any proposal to make a grant from the Bank's paid-in capital — except for grants already authorized for the community adjustment and investment program under the Bank's 1993 charter — if that grant would: (1) go to a project that isn't also being financed, at least in part, by loans; or (2) pay for more than half of any individual project's financing. (b) Exception: These limits don't apply in two situations. First, if the President decides there are exceptional economic circumstances that justify the grant, after consulting the Senate Foreign Relations Committee and the House Financial Services Committee. Second, if the project is so small that getting a loan isn't practical, and the grant doesn't exceed $250,000. Even so, no more than $5,000,000 total in grants can be made under this exception.