13 C.F.R. § 310.1 Special Impact Area.
Title 13 - Business Credit and Assistance
Upon the application of an Eligible Recipient, and with respect to that Eligible Recipient's Project only, the Assistant Secretary may designate the Region which the Project will serve as a Special Impact Area if the Eligible Recipient 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.
Title 13: Business Credit and Assistance
PART 310—SPECIAL IMPACT AREAS
§ 310.1 Special Impact Area.
