Page:United States Statutes at Large Volume 108 Part 3.djvu/422

 108 STAT. 2174 PUBLIC LAW 103-325—SEPT. 23, 1994 (2) LIMITATIONS. — No assistance made available under this subtitle may be expended by a community development financial institution (or an organization receiving assistance under section 113) to pay any person to influence or attempt to influence any agency, elected official, officer, or employee of a State or local government in connection with the making, award, extension, continuation, renewal, amendment, or modification of any State or local government contract, grant, loan, or cooperative agreement (as such terms are defined in section 1352 of title 31, United States Code). (c) USES OF TECHNICAL ASSISTANCE. — (1) TYPES OF ACTIVITIES. — Technical assistance may be used for activities that enhance the capacity of a community development financial institution, such as training of management and other personnel and development of programs and investment or loan products. (2) AVAILABILITY OF TECHNICAL ASSISTANCE.—The Fund may provide technical assistance, regardless of whether or not the recipient also receives financial assistance under this section. (d) AMOUNT OF ASSISTANCE.— (1) IN GENERAL.— Except as provided in paragraph (2), the Fund may provide not more than $5,000,000 of assistance, in the aggregate, during any 3-year period to any 1 community development financial institution and its subsidiaries and affiliates. (2) EXCEPTION. — The Fund may provide not more than $3,750,000 of assistance in addition to the amount specified in paragraph (1) during the same 3-year period to an existing community development financial institution that proposes to establish a subsidiary or affiliate for the purpose of serving an investment area or targeted population outside of any State and outside of any metropolitan area presently served by the institution, if— (A) the subsidiary or affiliate— (i) would be a community development financial institution; and (ii) independently— (I) meets the selection criteria described in section 105; and (II) satisfies the selection criteria of section 107; and (B) no other application for assistance to serve the investment area or targeted population has been submitted to the Administrator within a reasonable period of time preceding the date of receipt of the application at issue. (3) TIMING OF ASSISTANCE. — Assistance may be provided as described in paragraphs (1) and (2) in a lump sum or over a period of time, as determined by the Fund. (e) MATCHING REQUIREMENTS.— (1) IN GENERAL.— Assistance other than technical assistance shall be matched with funds from sources other than the Federal Government on the basis of not less than one dollar for each dollar provided by the Fund. Such matching funds shall be at least comparable in form and value to assistance provided by the Fund. The Fund shall provide no assistance (other than technical assistance) until a community

�