40 U.S. Code § 15505. Local development districts and organizations
(a)Grants to Local Development Districts.—
(b)Conditions for Grants.—
The amount of a grant awarded under this section may not exceed 80 percent of the administrative and planning expenses of the local development district receiving the grant.
(2)Maximum period for state agencies.—
In the case of a State agency certified as a local development district, a grant may not be awarded to the agency under this section for more than 3 fiscal years.
The contributions of a local development district for administrative expenses may be in cash or in kind, fairly evaluated, including space, equipment, and services.
(c)Duties of Local Development Districts.—A local development district shall—
operate as a lead organization serving multicounty areas in the region at the local level;
assist the Commission in carrying out outreach activities for local governments, community development groups, the business community, and the public;
serve as a liaison between State and local governments, nonprofit organizations (including community-based groups and educational institutions), the business community, and citizens; and
assist the individuals and entities described in paragraph (3) in identifying, assessing, and facilitating projects and programs to promote the economic development of the region.