Page:United States Statutes at Large Volume 91.djvu/1159

 PUBLIC LAW 95-128—OCT. 12, 1977

91 STAT. 1125

funds and the amount of such grants, as well as a brief summary of the projects funded for each such unit, the extent of financial participation by other public or private entities, and the impact on employment and economic activity of such projects during the previous fiscal year.". URBAN DEVELOPMENT ACTION GRANTS

SEC. 110. (a) Section 104(a) of the Housing and Community Development Act of 1974 is amended by inserting "or section 119" after 42 USC 5304. "106". (b) Title I of such Act is amended by adding the following new sectioil at the end thereof: " U R B A N DEVELOPMENT ACTION GRANTS

"SEC. 119. (a) In order to promote the primary objective of this 42 USC 5318. title of the development of viable urban communities, of the total amount of authority approved in appropriation Acts under section 103(c), the Secretary is authorized to make urban development action grants to severely distressed cities and urban counties to help alleviate physical and economic deterioration through reclamation of neigh.,. i^, borhoods having excessive housing abandonment or deterioration, and through community revitalization in areas with population outmigration or a stagnating or declining tax base. Grants made under this section shall be for the support of severely distressed cities and urban counties that require increased public and private assistance in addition to the assistance otherwise made available under this title and other forms of Federal assistance. "(b) Urban development action grants shall be made only to cities and urban counties that have, in the determination of the Secretary, demonstrated results in providing housing for persons of low- and moderate-income and in providing equal opportunity in housing and employment for low- and moderate-income persons and members of minority groups. The Secretary shall issue regulations establishing Criteria and criteria in accordance with the preceding sentence and setting forth standards, minimum standards for determining the level of physical and eco- regulations. nomic distress of cities and urban counties for eligibility for such grants, which standards shall take into account factors such as the age and condition of housing stock, including residential abandonment; average income; population outmigration; and stagnating or declining tax base. " (c) Applications for assistance under this section shall— Applications. "(1) include documentation of eligibility for grants in accordance with the standards described in subsection (b); "(2) describe a concentrated urban development action program setting forth a comprehensive action plan and strategy to alleviate physical and economic distress through systematic change, which program shall be consistent with the community development program described in section 104(a)(2) and the housing assistance plan described in section 104(a)(4), and, where it exists and is in effect, the overall economic development plan as provided for in section 202(b) (10) of the Public Works and Economic Development Act of 1965, but only in the event and 42 USC 3142. after such time as such plans are required by law or administrative action to be consistent with community development programs. Such program shall be developed as to take advantage of

�