Page:United States Statutes at Large Volume 101 Part 3.djvu/633

 PUBLIC LAW 100-242—FEB. 5, 1988

101 STAT. 1931

"(i) the extent to which the grant will stimulate economic recovery by leveraging private investment; "(ii) the number of permanent jobs to be created and their relation to the amount of grant funds requested; "(iii) the proportion of permanent jobs accessible to lower income persons and minorities, including persons who are unemployed; "(iv) the extent to which the project will retain jobs that will be lost without the provision of a grant under this section; "(v) the extent to which the project will relieve the most pressing employment or residential needs of the applicant by"(I) reemploying workers in a skill that has recently suffered a sharp increase in unemployment locally; "(II) retraining recently unemployed residents in ^ new skills; "(III) providing training to increase the local pool of skilled labor; or "(IV) producing decent housing for low- and moderate-income persons in cases where such housing is in severe shortage in the area of the applicant, except that an application shall be considered to produce housing for low- and moderate-income persons under this clause only if such application proposes that (a) not less than 51 percent of all funds available for the project shall be used for dwelling units and related facilities; and (b) not less than 30 percent of all funds used for dwelling units and related facilities shall be used for dwelling units to be occupied by persons of low and moderate income, or not less than 20 percent of all dwelling units made available to occupancy using such funds shall be occupied by persons of low and moderate income, whichever results in the occupancy of more dwelling units by persons of low and moderate income; "(vi) the impact of the proposed activities on the fiscal base of the city or urban county and its relation to the amount of grant funds requested; "(vii) the extent to which State or local Government State and local funding or special economic incentives have been commit- governments. ted; and "(viii) the extent to which the project will have a substantial impact on physical and economic development of the city or urban county, the proposed activities are likely to be accomplished in a timely fashion with the grant amount available, and the city or urban county has demonstrated performance in housing and community development programs; and "(D) additional consideration for projects with the following characteristics: "(i) projects to be located within a city or urban county which did not receive a preliminary grant approval under this section during the 12-month period preceding the date on which applications are required to be submitted for the grant competition involved; and "(ii) twice the amount of the additional consideration provided under clause (i) for projects to be located in cities

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