13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 310.1

Special Impact Area.

Title 13 C.F.R. ● ACTIVE Primary Source
Regulatory Text

13 C.F.R. § 310.1 — Special Impact Area.

§ 310.1 Special Impact Area. Upon the application of an Eligible Applicant, and with respect to that Eligible Applicant's Project only, the Assistant Secretary may designate the Region which the Project will serve as a Special Impact Area if the Eligible Applicant demonstrates that its proposed Project will: (a) Directly fulfill a pressing need; and (b) Be useful in alleviating or preventing conditions of excessive unemployment or underemployment, or assist in providing useful employment opportunities for the unemployed or underemployed residents of the Region. [73 FR 62869, Oct. 22, 2008, as amended at 79 FR 76136, Dec. 19, 2014]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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13 C.F.R. § 310.1
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The regulatory text of 13 C.F.R. § 310.1 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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