7 U.S. Code § 2008v - Strategic economic and community development
Subject to paragraph (3) and subsection (e), the Secretary may reserve for projects that support multijurisdictional strategic community and economic development plans described in subsection (a) an amount that does not exceed 10 percent of the funds made available for a fiscal year for a functional category described in paragraph (2).
The rural community facilities category consists of all amounts made available for community facility grants and direct and guaranteed loans under paragraph (1), (19), (20), (21), (24), or (25) of section 1926(a) of this title.
Any applicant who submitted a rural development application that was approved before February 7, 2014, may amend the application to qualify for the funds reserved under subsection (d)(1).
Any rural development application authorized under section 1926(a)(2), 1926(a)(14), 1926(a)(24), 1926a, or 1932(b) of this title and approved by the Secretary before February 7, 2014, shall be eligible for the funds reserved under subsection (d)(1) on the same basis as the applications submitted under this section until September 30, 2016.
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