Code of Federal Regulations · Section
§ 307.1 — Purpose
13 C.F.R. § 307.1
View:
The purpose of Economic Adjustment Assistance Investments is to address the needs of communities experiencing adverse economic changes that may occur suddenly or over time, including those caused by:
(a) Military base closures or realignments, defense contractor reductions in force, or U.S. Department of Energy defense-related funding reductions;
(b) Federally Declared Disaster;
(c) International trade;
(d) Long-term economic deterioration;
(e) Loss of a major community employer; or
(f) Loss of manufacturing jobs.
Authorizing Statute
-
Powers of Secretary42 U.S.C. § 3211
-
Grants for economic adjustment42 U.S.C. § 3149
-
Comprehensive economic development strategies42 U.S.C. § 3162
-
Eligibility of areas42 U.S.C. § 3161