Page:United States Statutes at Large Volume 116 Part 1.djvu/407

 PUBLIC LAW 107-171 —MAY 13, 2002 116 STAT. 381 "(2) to assist the region in obtaining the job training, employment-related education, and business development (with an emphasis on entrepreneurship) that are needed to build and maintain strong local economies; "(3) to provide assistance to severely distressed and underdeveloped areas that lack financial resources for improving basic public services; "(4) to provide assistance to severely distressed and underdeveloped areas that lack financial resources for equipping industrial parks and related facilities; and "(5) to otherwise achieve the purposes of this subtitle. "(b) FUNDING. — "(1) IN GENERAL. —Funds for grants under subsection (a) may be provided— "(A) entirely from appropriations to carry out this section; "(B) in combination with funds available under another Federal grant program; or "(C) from any other source. "(2) PRIORITY OF FUNDING.— To best build the foundations for long-term economic development and to complement other Federal, State, and tribal resources in the region, Federal funds available under this subtitle shall be focused on the activities in the following order or priority: "(A) Basic public infrastructure in distressed counties and isolated areas of distress. "(B) Transportation and telecommunication infrastructure for the purpose of facilitating economic development in the region. "(C) Business development, with emphasis on entrepreneurship. "(D) Job training or employment-related education, with emphasis on use of existing public educational institutions located in the region. «SEC. 383D. SUPPLEMENTS TO FEDERAL GRANT PROGRAMS. 7 USC 2009bb-3. "(a) FINDING. — Congress finds that certain States and local communities of the region, including local development districts, may be unable to take maximum advantage of Federal grant programs for which the States and communities are eligible because— "(1) they lack the economic resources to provide the required matching share; or "(2) there are insufficient funds available under the applicable Federal law authorizing the Federal grant program to meet pressing needs of the region. "(b) FEDERAL GRANT PROGRAM FUNDING. —Notwithstanding any provision of law limiting the Federal share, the areas eligible for assistance, or the authorizations of appropriations, under any Federal grant program, and in accordance with subsection (c), the Authority, with the approval of the Federal cochairperson and with respect to a project to be carried out in the region— "(1) may increase the Federal share of the costs of a project under any Federal grant program to not more than 90 percent (except as provided in section 383F(b)); and "(2) shall use amounts made available to carry out this subtitle to pay the increased Federal share. " (c) CERTIFICATIONS.—

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