Page:United States Statutes at Large Volume 116 Part 2.djvu/488

 116 STAT. 1270 PUBLIC LAW 107-217—AUG. 21, 2002 which a distressed county designation is in effect under section 14526 of this title) of expenses, incident to planning and obtaining financing for a project, which the Secretary considers not to be recoverable from the proceeds of a permanent loan made to finance the project. (2) SITE DEVELOPMENT COSTS AND OFFSITE IMPROVEMENTS.— The Secretary may make grants and commitments for grants, and may advance amounts under terms and conditions the Secretary may require, to nonprofit, limited dividend, or cooperative organizations and public bodies for reasonable site development costs and necessary offsite improvements, such as sewer and water line extensions, when the grant, commitment, or advance is essential to the economic feasibility of a housing construction or rehabilitation project for low- and moderate-income families and individuals which otherwise meets the requirements for assistance under this section. A grant under this paragraph for— (A) the construction of housing shall not be more than 10 percent of the cost of the project; and (B) the rehabilitation of housing shall not be more than 10 percent of the reasonable value of the rehabilitation housing, as determined by the Secretary. (f) INFORMATION, ADVICE, AND TECHNICAL ASSISTANCE.— The Secretary or the Commission may provide, or contract with public or private organizations to provide, information, advice, and technical assistance with respect to the construction, rehabilitation, and operation by nonprofit organizations of housing for low- or moderate- income families in areas of the region the Commission establishes. (g) APPLICATION OF CERTAIN PROVISIONS.—Programs and projects assisted under this section are subject to the provisions cited in section 14701 of this title to the extent provided in the laws authorizing assistance for low- and moderate-income housing. § 14504. Telecommunications and technology initiative (a) PROJECTS TO BE ASSISTED.— The Appalachian Regional Commission may provide technical assistance, make grants, enter into contracts, or otherwise provide amounts to persons or entities in the region for projects— (1) to increase affordable access to advanced telecommunications, entrepreneurship, and management technologies or applications in the region; (2) to provide education and training in the use of telecommunications and technology; (3) to develop programs to increase the readiness of industry groups and businesses in the region to engage in electronic commerce; or (4) to support entrepreneurial opportunities for businesses in the information technology sector. (b) LIMITATION ON AVAILABLE AMOUNTS. —Not more than 50 percent (or 80 percent in the case of a project to be carried out in a county for which a distressed county designation is in effect under section 14526 of this title) of the cost of any activity eligible for a grant under this section may be provided from amounts appropriated to carry out this section. (c) SOURCES OF ASSISTANCE. —Assistance under this section may be provided entirely from amounts made available to carry out

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