
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC9810]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
                CHAPTER 105--COMMUNITY SERVICES PROGRAMS
 
              SUBCHAPTER I--COMMUNITY ECONOMIC DEVELOPMENT
 
                     Part B--Special Rural Programs
 
Sec. 9810. Financial assistance to low-income families, local 
        cooperative associations, and local public or private nonprofit 
        organizations or entities; amount, purposes, etc.
        
    (a) The Secretary is authorized to provide financial assistance, 
including loans having a maximum maturity of fifteen years and in 
amounts not resulting in an aggregate principal indebtedness of more 
than $3,500 at any one time, to any low-income rural family where, in 
the judgment of the Secretary, such financial assistance has a 
reasonable possibility of effecting a permanent increase in the income 
of such families, or will contribute to the improvement of their living 
or housing conditions, by assisting or permitting them to--
        (1) acquire or improve real estate or reduce encumbrances or 
    erect improvements thereon;
        (2) operate or improve the operation of farms not larger than 
    family sized, including but not limited to the purchase of feed, 
    seed, fertilizer, livestock, poultry, and equipment; or
        (3) participate in cooperative associations, or finance 
    nonagricultral \1\ enterprises which will enable such families to 
    supplement their income.
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    \1\ So in original. Probably should be ``nonagricultural''.

    (b) The Secretary is authorized to provide financial assistance to 
local cooperative associations or local public and private nonprofit 
organizations or agencies in rural areas containing concentrations or 
substantial numbers of low-income persons for the purpose of defraying 
all or part of the costs of establishing and operating cooperative 
programs for farming, purchasing, marketing, processing, and to improve 
their income as producers and their purchasing power as consumers, and 
to provide such essentials as credit and health services. Costs which 
may be defrayed shall include--
        (1) administrative costs of staff and overhead;
        (2) costs of planning and developing new enterprises;
        (3) costs of acquiring technical assistance; and
        (4) initial capital where it is determined by the Secretary that 
    the poverty of the families participating in the program and the 
    social conditions of the rural area require such assistance.

(Pub. L. 97-35, title VI, Sec. 621, Aug. 13, 1981, 95 Stat. 493.)
