socially disadvantaged group
(11) Addressing needs of minority communities (A) Definition of socially disadvantaged group In this paragraph, the term “socially disadvantaged group” has the meaning given the term in section 2003(e) of this title . (B) Reservation of funds (i) In general If the total amount appropriated under paragraph (13) for a fiscal year exceeds $7,500,000, the Secretary shall reserve an amount equal to 20 percent of the total amount appropriated for grants for cooperative development centers, individual cooperatives, or groups of cooperatives— (I) that serve socially disadvantaged groups; and (II) a majority of the boards of directors or governing boards of which are comprised of individuals who are members of socially disadvantaged groups. (ii) Insufficient applications To the extent there are insufficient applications to carry out clause (i), the Secretary shall use the funds as otherwise authorized by this subsection.