672 



sistent with a comprehensive community water, waste 

 disposal, or other development plan" and "development 

 provided In any State, multljurisdlctlonal, county, or 

 municipal plan approved by competent authority" fo» 

 "orderly community development consistent with a comt 

 prehenslve community water or sewer development plan" 

 and "development under State, county, or municipal 

 plans approved as official plans by competent authority", 

 substituted "Secretary shall require the submission of all 

 applications for financial assistance under this section to 

 the multljurisdlctlonal substate areawlde general purpose 

 planning and development agency that has been officially 

 designated as a clearinghouse agency under Office of 

 Management and Budget Circular A-95 and to the county 

 or municipal government having Jurisdiction over the 

 area in which the proposed project is to be located for 

 review and comment within a designated period of time 

 not to exceed 30 days concerning among other consldera- 

 tlons, the effect of the project upon the areawlde goatt 

 and plans of such agency or government" for "Secretary 

 shall establish regulations requiring the submission of all 

 applications for financial assistance under this chapter to 

 the county or municipal government in which the pro. 

 posed project is to be located for review and comment by 

 such agency within a designated period of time"; pro. 

 hiblted loans inconsistent with multljurisdlctlonal plan- 

 ning and development district areawlde plan of th« 

 agency; authorized agency or government reimbursement 

 for cost of making the review; and extended authority 

 for making grants prior to completion of the compre- 

 hensive plan from Oct. l. 1971. to Oct. 1, 1973. 



Subsec. (a) (5). Pub. L. 92-419, 5 110, struck out provl- 

 Elons of par. (5) which prohibited any loan or grant under 

 subsec. (a) of this section which would cause the unpaid 

 principal Indebtedness of any association under thto 

 chapter and Act Aug. 28, 1937. as amended (superseded 

 by this chapter) , together with amount of any asstatanca 

 in the form of a grant to exceed •4.000,000 at any on* 

 time. 



Subsec. (a)(6). Pub. L. 92-419. 5 108, substituted 

 ••$30,000,000" for "$15,000,000", struck out "official" pre. 

 ceding "comprehensive plans", and substituted "wasta 

 disposal systems" for "sewer systems". 



Subsec. (a) (7) . Pub. L. 92-419. 5 109, substituted dennl- 

 tion of "rural" and "rural area" as excluding an area in 

 a city or town with a population In excess of ten thousand 

 inhabitants for prior provision for rural areas for pur- 

 poses of water and waste disposal projects excluding an 

 area In a city or town with a population In excess of 

 6,500 Inhabitants, provided exception provision and spe- 

 clal consideration for loans and grants to areas other 

 than cities having a population of more than twenty-Hv* 

 thousand. 



Subsec. (a) (11), (12). Pub. L. 92-419, 55X11 113 

 added pars. (11) and (12). ' 



§ 1932. Rural industrialization assistance. 



(a) Loans for private business enterprises and pol- 

 lution abatement and control projects; loan 

 guarantees. 



The Secretary may also make and insure loans to 

 public, private, or cooperative organizations organ- 

 ized for profit or nonprofit, to Indian tribes on Fed- 

 eral and State reservations or other federally recog- 

 nized Indian tribal groups, or to individuals for the 

 purpose of Improving, developing, or financing busi- 

 ness. Industry, and employment and improving the 

 economic and environmental climate in rural com- 

 munities, including pollution abatement and control. 

 Such loans, when originated, held, and serviced by 

 other lenders, may be guaranteed by the Secretary 

 under this section without regard to subsections (a) 

 and (c) of section 1983 of this title. 



(b) Grants for pollution abatement and control proj- 

 ects; limitations. 



The Secretary may make grants, not to exceed 

 $50,000,000 annually, to eligible applicants under 

 this section or pollution abatement and control proj- 

 ects in rural areas. No such grant shall exceed 50 

 per centum of the development cost of such a project. 



(c) Grants for private business enterprises; limita- 

 tion. 



The Secretary may also make grants, not to exceed 

 $50,000,000 annually, to public bodies for measures 

 designed to facilitate development of private busi- 

 ness enterprises, including the development, con- 

 struction or acquisition of land, buildings, plants, 

 equipment, access streets and roads, parking areas, 

 utility extensions, necessary water supply and waste 

 disposal facilities, refinancing, services and fees. 



(d) Joint loans or grants for private business enter- 

 prises; restrictions; system of certification for 

 expeditious processing of requests for assistance. 



The Secretary may participate in joint financing 

 to facilitate development of private business enter- 

 prises in rural areas with the Economic Development 

 Administration, the Small Business Administration, 

 and the Department of Housing and Urban Develop- 

 ment and other Federal and State agencies and with 

 private and quasi-public financial Institutions, 

 through joint loans to applicants eligible under sub- 

 section (a) of this section for the purpose of im- 

 proving, developing, or financing business, industry, 

 and employment and improving the economic and 

 environmental climate in rural areas or through 

 joint grants to applicants eligible under subsection 

 (c) of this section for such purposes, Including in 

 the case of loans or grants the development, con- 

 struction, or acquisition of land, buildings, plants, 

 equipment, access streets and roads, parking areas, 

 utility extensions, necessary water supply and waste 

 disposal facilities, refining, service and fees. 



(1) No financial or other assistance shall be ex- 

 tended under any provision of sections 1924(b) , 1932, 

 and 1942(b) of this title that is calculated to or is 

 likely to result in the transfer from one area to an- 

 other of any employment or business activity pro- 

 vided by operations of the applicant, but this limita- 

 tion shall not be construed to prohibit assistance for 

 the expansion of an existing business entity through 

 the establishment of a new branch, affiliate, or sub- 

 sidiary of such entity if the establishment of such 

 branch, affiliate, or subsidiary will not result in an 

 increase in unemployment in the area of original 

 location or in any other area where such entity con- 

 ducts business operations unless there is reason to 

 believe that such branch, affiliate, or subsidiary is 

 being established with the intention of closing down 

 the operations of the existing business entity in the 

 area of its original location or in any other area 

 where it conducts such operations. 



(2) No financial or other assistance shall be ex- 

 tended under any provision of sections 1924(b) . 1932, 

 and 1942(b) of this title which is calculated to or 

 likely to result in an increase in the production of 

 goods, materials, or commodities, or the availability 

 of services or facilities in the area, when there Is 

 not suflBcient demand for such goods, materials, com- 



