Page:United States Statutes at Large Volume 97.djvu/1205

 PUBLIC LAW 98-181—NOV. 30, 1983 97 STAT. 1173 (2) The Secretary shall accept applications from eligible neighbor- Applications. hood development organizations for participation in the demonstra- tion program. Eligible organizations may participate in more than one year of the program, but shall be required to submit a new application and to compete in the selection process for each program year. Not more than 30 per centum of the grants may be for multiyear awards. (3) From the pool of eligible neighborhood development organiza- tions submitting applications for participation in a given program year, the Secretary shall select participating organizations in an appropriate number through a competitive selection process. To be selected, an applicant shall— (A) have demonstrated measurable achievements in one or more of the activities specified in subsection (a)(4); (B) specify a business plan for accomplishing one or more of the activities specified in subsection (a)(4); and (C) specify a strategy for achieving greater long term private sector support. (c)(1) The Secretary shall award grants under this section among the eligible neighborhood development organizations submitting ap- plications for such grants on the basis of— (A) the degree of economic distress of the neighborhood involved; (B) the extent to which the proposed activities will benefit persons of low and moderate income; (C) the extent of neighborhood participation in the proposed activities, as indicated by the proportion of the households and businesses in the neighborhood involved that are members of the eligible neighborhood development organization involved; and (D) the extent of voluntary contributions available for the Waiver. purpose of subsection (e)(4), except that the Secretary shall waive the requirement of this subparagraph in the case of an application submitted by a small eligible neighborhood develop- ment organization, an application involving activities in a very low-income neighborhood, or an application that is especially meritorious, (d) The Secretary shall consult with an informal working group representative of eligible neighborhood organizations with respect to the implementation and evaluation of the program established in this section. (e)(1) The Secretary shall assign each participating organization a defined program year, during which time voluntary contributions from individuals, businesses, and nonprofit or other organizations in the neighborhood shall be eligible for matching. (2) Subject to paragraph (3), at the end of each three-month period Payment, occurring during the program year, the Secretary shall pay to each participating neighborhood development organization the product of— (A) the aggregate amount of voluntary contributions that such organization certifies to the satisfaction of the Secretary it received during such three-month period; and (B) the matching ratio established for such test neighborhoods under paragraph (4). (3) The Secretary shall pay not more than $50,000 under this Act Payment. to any participating neighborhood development organization during a single program year.

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