13 CFR 310.1: Special Impact Area.
Where this section sits in the code
- Title 13—Business Credit and Assistance
- CHAPTER III—ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
- PART 310—SPECIAL IMPACT AREAS
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.
Collected 2026-08-27T02:24:18Z. Source file · JSON