40 U.S. Code § 15505 - Local development districts and organizations
(a) Grants to Local Development Districts.—
Subject to the requirements of this section, a Commission may make grants to a local development district to assist in the payment of development planning and administrative expenses.
(b) Conditions for Grants.—
(1) Maximum amount.—
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.
(c) Duties of Local Development Districts.—A local development district shall—
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
Statutory Notes and Related Subsidiaries