42 U.S.C. § 3154b
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)The Secretary may make a planning performance award in connection with a grant made, on or after October 27, 2004, to an eligible recipient for a project under this subchapter located in an economic development district.
- (b)The Secretary may make a planning performance award to an eligible recipient under subsection (a) in connection with a grant for a project if the Secretary determines before closeout of the project that—
- (1)the recipient actively participated in the economic development activities of the economic development district in which the project is located;
- (2)the project is consistent with the comprehensive economic development strategy of the district;
- (3)the recipient worked with Federal, State, and local economic development entities throughout the development of the project; and
- (4)the project was completed in accordance with the comprehensive economic development strategy of the district.
- (c)The amount of a planning performance award made under subsection (a) in connection with a grant may not exceed 5 percent of the amount of the grant.
- (d)A recipient of a planning performance award under subsection (a) shall use the award to increase the Federal share of the cost of a project under this subchapter.
- (e)Notwithstanding section 3144 of this title, the funds of a planning performance award may be used to pay up to 100 percent of the cost of a project under this subchapter.
- (f)The Secretary shall use any amounts made available for economic development assistance programs to carry out this section.