34 U.S.C. § 12211 — Definitions

FEDERAL · 34 U.S.C. · Chapter SUBCHAPTER II—CRIME PREVENTION

Definitions

34 U.S.C. § 12211

Title34 — Crime Control and Law Enforcement

ChapterSUBCHAPTER II—CRIME PREVENTION

Partsubpart 3—miscellaneous provisions

This text of 34 U.S.C. § 12211 (Definitions) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

34 U.S.C. § 12211.

Text

As used in this part:
The term "community development corporation" means a private, nonprofit corporation whose board of directors is comprised of business, civic and community leaders, and whose principal purpose includes the provision of low-income housing or community economic development projects that primarily benefit low-income individuals and communities.
The term "local and private sector contribution" means the funds available at the local level (by private financial institutions, State and local governments) or by any private philanthropic organization and private, nonprofit organizations that will be committed and used solely for the purpose of financing private business enterprises in conjunction with amounts provided under this part.
The term "population-losing community" mean

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As used in this part:
The term "community development corporation" means a private, nonprofit corporation whose board of directors is comprised of business, civic and community leaders, and whose principal purpose includes the provision of low-income housing or community economic development projects that primarily benefit low-income individuals and communities.
The term "local and private sector contribution" means the funds available at the local level (by private financial institutions, State and local governments) or by any private philanthropic organization and private, nonprofit organizations that will be committed and used solely for the purpose of financing private business enterprises in conjunction with amounts provided under this part.
The term "population-losing community" means any county in which the net population loss is at least 7 percent from April 1, 1980 to April 1, 1990, as reported by the Bureau of the Census.
The term "private business enterprise" means any business enterprise that is engaged in the manufacture of a product, provision of a service, construction or development of a facility, or that is involved in some other commercial, manufacturing or industrial activity, and that agrees to target job opportunities stemming from investments authorized under this part to certain individuals.
The term "target area" means any area defined in an application for assistance under this part that has a population whose income does not exceed the median for the area within which the target area is located.
The term "very low-income community" means a community in which the median income of the residents of such community does not exceed 50 percent of the median income of the area.

Source Credit

History

(Pub. L. 103–322, title III, §31131, Sept. 13, 1994, 108 Stat. 1887.)

Editorial Notes

Editorial Notes

Codification
Section was formerly classified to section 13851 of Title 42, The Public Health and Welfare, prior to editorial reclassification and renumbering as this section.

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Bluebook (online)

34 U.S.C. § 12211, Counsel Stack Legal Research, https://law.counselstack.com/usc/34/12211.