investment area

(16) Investment area The term “investment area” means a geographic area (or areas) including an Indian reservation that— (A) (i) meets objective criteria of economic distress developed by the Fund, which may include the percentage of low-income families or the extent of poverty, the rate of unemployment or underemployment, rural population outmigration, lag in population growth, and extent of blight and disinvestment; and (ii) has significant unmet needs for loans or equity investments; or (B) encompasses or is located in an empowerment zone or enterprise community designated under section 1391 of title 26 .


12 USC § 4702(16)

Scoping language

For purposes of this subchapter
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