,,ii #aag? ,,congress #a/ ,session ,s4 #bcjj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #bd1 #bjba,mr4 ,pet]s introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to direct ! ,secret>y ( ,h\s+ & ,urban ,developm5t to e/abli% a grant program to help revitalize c]ta9 localities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,re/or+ ,communities ,left ,beh9d ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,z ! ,unit$ ,/ates cont9ues to feel ! deva/at+ economic impacts ( ,coronavirus ,disease #bjai 7,,covid-#ai71 _m urban & rural communities are /ill suff]+ f ! effects ( und]wat] mortgages1 vacancy1 ab&on$ prop]ties1 blight1 ag+ h\s+ /ock1 prop]ties ) def]r$ ma9t5ance & h>mful mat]ials su* z lead1 asbe/os1 & mold1 unemploym5t1 & population loss4 7#b7 ,:ile "s cities & c\nties /ruggle ) dis9ve/m5t & population loss1 !re are also pockets ( economic di/ress 9 o!rwise prosp]\s1 gr[+ areas4 7#c7 ,inve/m5ts t>get$ to ^! communities left beh9d w be critical to ensure equitable economic recov]y1 job creation1 & h\s+ & neighborhood infra/ructure revitalization4 7#d7 ,! ne$ to revitalize neighborhoods is great] ?an :at c be support$ ) exi/+ local tax bases4 7#e7 ,communities cont9ue to suff] f ! impact ( gov]nm5tal policies & private sector practices t =bade or disc\rag$ mortgage l5d+ 9 neighborhoods hav+ significant m9ority populations4 7#f7 ,_m ,/ate & local gov]nm5ts1 l& banks1 & nonpr(it organizations across ! ,unit$ ,/ates h respond$ to ! h\s+ crisis by creat+ co/-effective /rategies to revitalize neighborhoods4 7#g7 #bjaf data f ! ,bureau ( ! ,c5sus %[s t non-,hispanic1 ,:ite h\seholds h an av]age net wor? ( #adc1fjj1 :ile ,black h\seholds h an av]age net wor? ( #ab1ibj & ,hispanic h\seholds h an av]age net wor? ( #ba1dbj4 7#h7 ,h\s+ equity is a significant portion ( ,black & ,hispanic h\seholds' net wor?1 mak+ up ne>ly #eg p]c5t ( ,black h\seholds' net wor?1 #ff4e p]c5t ( ,hispanic h\seholds' net wor?1 & #dj4h p]c5t ( ,:ite h\seholds' net wor?1 accord+ to ! ,urban ,in/itute's calculations f ! #bjaf ,survey ( ,consum] ,f9ances4 7#i7 ,! #bjjh recession & ! ,,covid-#ai recession h exac]bat$ ! racial weal? gap4 7#aj7 ,fund+ innovative local neighborhood /rategies w all[ ! ,unit$ ,/ates to close ! racial weal? gap1 ensure equitable access to h\s+ & economic mobility1 & c\nt] ! la/+ legacy ( r$l9+ policies4 7#aa7 ,despite ! /rong requirem5t to affirmatively fur!r+ fair h\s+ "u ! ,fair ,h\s+ ,act 7#db ,u4,s4,c4 #cfja et seq471 ! lack ( acc\ntability measures implem5t$ by ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t to ensure equitable use ( h\s+ & community developm5t doll>s 9 ,f$]al programs has all[$ = ! p]petuation ( ! legacy ( r$l9+ & neighborhood dis9ve/m5t4 7#ab7 ,x is imp]ative t ! ,f$]al ,gov]nm5t make fund+ available = ! be/ local /rategies to increase home[n]%ip & pres]ve home equity 9 impact$ areas1 access to safe & af=dable r5tal h\s+1 economic gr[?1 job creation1 & to build on local assets to improve communities 9 ways t affirmatively fur!r fair h\s+4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,an*or in/itution ,! t]m an*or in/itution means a s*ool1 a libr>y1 a heal?c>e provid]1 a community college or o!r in/itution ( high] education1 or ano!r community support organization or entity4 7#b7 ,appropriate ,congressional ,committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,f9ancial ,s]vices & ! ,committee on ,appropriations ( ! ,h\se ( ,repres5tatives4 7,b7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs & ! ,committee on ,appropriations ( ! ,s5ate4 7#c7 ,community developm5t f9ancial in/itution ,! t]m community developm5t f9ancial in/itution has ! mean+ giv5 ! t]m 9 section #ajc ( ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb774 7#d7 ,community l& tru/ ,! t]m community l& tru/' means a nonpr(it organization or a ,/ate or local gov]nm5t or in/rum5tality t-- 7,a7 uses a gr\nd lease or de$ cov5ant ) an af=dability p]iod ( n less ?an #cj ye>s to-- 7i7 make r5tal & home[n]%ip units af=dable to h\seholds2 & 7ii7 /ipulate a preemptive option to pur*ase ! af=dable r5tals or home[n]%ip units s t ! af=dability ( ! units is pres]v$ = successive income-eligible h\seholds2 & 7,b7 monitor prop]ties to ensure af=dability is pres]v$4 7#e7 ,eligible local p>tn]%ip ,! t]m eligible local p>tn]%ip means a p>tn]%ip betwe5-- 7,a7 a national or local nonpr(it organization ) exp]tise 9 community plann+1 engagem5t1 organiz+1 developm5t1 or neighborhood revitalization2 & 7,b7 7i7 a city or c\nty gov]nm5t2 7ii7 a l& bank2 7iii7 a fair h\s+ en=cem5t organization2 7iv7 an an*or in/itution2 7v7 a nonpr(it organization2 7vi7 a ,/ate h\s+ f9ance ag5cy or a relat$ ,/ate ag5cy2 7vii7 a community developm5t f9ancial in/itution2 7viii7 a public h\s+ ag5cy2 or 7ix7 a comb9ation ( any entities describ$ 9 clauses 7i7 ?r\gh 7viii74 7#f7 ,eligible locality ,! t]m eligible locality means "o or m geographic areas at ! neighborhood or c\nty level t meet n less ?an f\r ( ! foll[+ objective crit]ia ( economic di/ress1 ) specific ?re%olds set by ! ,secret>y3 7,a7 ,dwell+ unit sales prices are l[] ?an ! co/ to acquire & rehabilitate1 or build1 a new dwell+ unit4 7,b7 ,high proportions ( resid5tial & comm]cial prop]ties are vacant due to =eclosure1 eviction1 ab&onm5t1 or o!r causes4 7,c7 ,l[ rates ( home[n]%ip4 7,d7 ,racial disp>ities 9 home[n]%ip rates4 7,e7 ,high rates ( pov]ty4 7,f7 ,high rates ( unemploym5t & und]employm5t4 7,g7 ,population loss4 7,h7 ,lack ( private sector l5d+ on fair & competitive t]ms = individuals to pur*ase homes or />t small bus9esses4 7,i7 ,o!r indicators ( economic di/ress1 su* z ! lack ( h\s+ af=dability1 /emm+ f long-/&+ gov]nm5t policies & private sector practices t prev5t$ mortgage l5d+ 9 "s communities1 su* z r$l9+4 7#g7 ,fair h\s+ en=cem5t organization ,! t]m fair h\s+ en=cem5t organization has ! mean+ giv5 ! t]m 9 section #efa7;h7 ( ! ,h\s+ & ,community ,developm5t ,act ( #aihg 7#db ,u4,s4,c4 #cfaf;a7h774 7#h7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #aja ( ! ,high] ,education ,act ( #aife 7#be ,u4,s4,c4 #ajja74 7#i7 ,l& bank ,! t]m l& bank means a gov]nm5t entity1 ag5cy1 or program1 or a special purpose nonpr(it entity =m$ by "o or m units ( gov]nm5t 9 accordance ) ,/ate or local l& bank enabl+ law1 t has be5 designat$ by "o or m ,/ate or local gov]nm5ts to acquire1 /ew>d1 & dispose ( vacant1 ab&on$1 or o!r problem prop]ties 9 accordance ) locally-det]m9$ priorities & goals4 7#aj7 ,neighborhood revitalization support activity ,! t]m neighborhood revitalization support activity means an activity describ$ 9 section #d7;b74 7#aa7 ,non-p]=m+ mortgage ,! t]m non-p]=m+ mortgage means a resid5tial mortgage loan t is del9qu5t = a p]iod ( n less ?an #ij days4 7#ab7 ,nonpr(it organization ,! t]m nonpr(it organization means an organization t is describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf & is exempt f taxation "u section #eja7;a7 ( su* ,code4 7#ac7 ,public h\s+ ag5cy ,! t]m public h\s+ ag5cy has ! mean+ giv5 ! t]m 9 section #c7;b7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;a7b774 7#ad7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,h\s+ & ,urban ,developm5t4 7#ae7 ,%>$ equity home[n]%ip program ,! t]m %>$ equity home[n]%ip program means af=dable home[n]%ip pres]vation ?r\gh a resale re/riction program adm9i/]$ by a community l& tru/1 o!r nonpr(it organization1 or a ,/ate or local gov]nm5t or in/rum5tality t-- 7,a7 provides af=dable home[n]%ip opportunities to h\seholds2 & 7,b7 utilizes a gr\nd lease1 de$ re/riction1 subord9ate loan1 or simil> legal me*anism t includes provisions ensur+ t ! program %all-- 7i7 ma9ta9 ! home z af=dable = subsequ5t v l[-1 l[-1 or mod]ate-income families = an af=dability t]m ( n less ?an #cj ye>s aft] recordation2 7ii7 apply a resale =mula t limits ! proce$s ( ! home[n] ^u resale2 & 7iii7 provide ! program adm9i/rator or an assignee !re( a preemptive option to pur*ase ! home[n]%ip unit f ! home[n] at resale4 7#af7 ,/ate h\s+ f9ance ag5cy ,! t]m ,/ate h\s+ f9ance ag5cy has ! mean+ giv5 ! t]m 9 section #ajf7;h7 ( ! ,h\s+ & ,urban ,developm5t ,act ( #aifh 7#ab ,u4,s4,c4 #agjax7h7774 #d4 ,competitive grant program 7a7 ,e/abli%m5t ,n lat] ?an ! #abj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% a program to aw>d competitive grants to eligible local p>tn]%ips to c>ry out neighborhood revitalization support activities describ$ 9 subsection 7b7 9 fur!rance ( a neighborhood revitalization /rategy 9 an eligible locality4 7b7 ,use ( funds ,! neighborhood revitalization support activities describ$ 9 ?is subsection are-- 7#a7 provid+ assi/ance to exi/+ resid5ts exp]i5c+ economic di/ress or at risk ( displacem5t ) home[n] rehabilitation assi/ance1 wea!rization1 improv$ h\s+ accessibility & livability = s5iors & p]sons ) disabilities1 en]gy effici5cy improvem5ts1 ref9anc+1 h\s+ c\nsel+ c]tifi$ by ! ,secret>y1 includ+ loss mitigation c\nsel+1 prop]ty tax relief1 cle>+ & obta9+ =mal title1 address+ out/&+ h\s+-relat$ exp5ses1 or o!r activities t ! ,secret>y det]m9es are appropriate2 7#b7 pur*as+ non-p]=m+ mortgages to assi/ exi/+ home[n]s & advance neighborhood /ability2 7#c7 support+ ! pur*ase & r$evelopm5t ( vacant1 ab&on$1 or di/ress$ prop]ties to create af=dable r5tal h\s+1 home[n]%ip or %>$ equity home[n]%ip opportunities1 mix$-use prop]ties1 or comm]cial prop]ties1 :i* prop]ties may be conv]t$ betwe5 r5tal & home[n]%ip1 includ+ %>$ equity home[n]%ip1 ^u t]m9ation ( ! lease or transf] ( ! prop]ty dur+ ! relevant p]iod ( af=dability to ensure local community ne$s are met1 prop]ties d n sit vacant1 & af=dability is pres]v$2 7#d7 provid+ pre-pur*ase c\nsel+ ?r\gh h\s+ c\nselors c]tifi$ by ! ,secret>y = neighborhood revitalization support activities t provide home[n]%ip opportunities2 7#e7 provid+ d[n paym5t assi/ance to prospective homebuy]s2 7#f7 e/abli%+ & op]at+ community l& tru/s to provide af=dable r5tal & home[n]%ip opportunities1 includ+ %>$ equity home[n]%ip opportunities2 7#g7 demoli%+ ab&on$ or di/ress$ /ructures1 b only if su* activity is "p ( a /rategy t incorporates rehabilitation or new con/ruction & ef=ts to increase af=dable h\s+ & home[n]%ip1 except t n m ?an #aj p]c5t ( any grant made "u ?is section may be us$ = activities "u ?is p>agraph unless ! ,secret>y det]m9es t su* use is to replace units 9 an ef=t to increase af=dable h\s+ or home[n]%ip2 7#h7 e/abli%+ or op]at+ l& banks to ma9ta9 acquire1 r$evelop1 or sell prop]ties t are ab&on$ or di/ress$1 ) pref]5ce among applications propos+ activities "u ?is p>agraph to be giv5 to applications t promote di/ribution ( prop]ties = af=dable h\s+ & small bus9esses2 7#i7 improv+ p>ks1 sidewalks1 /reet light+1 & o!r neighborhood improvem5ts t impact quality ( life 9 ! t>get$ neighborhoods1 except t n m ?an #e p]c5t ( any grant made "u ?is section may be us$ = activities "u ?is p>agraph2 & 7#aj7 9 connection ) any o!r eligible activity "u ?is subsection1 work+ ) resid5t lead]s & community gr\ps to und]take community plann+1 outrea*1 & neighborhood engagem5t1 consi/5t ) ! goals ( increas+ home[n]%ip1 /abiliz+ neighborhoods1 r$uc+ vacancy rates1 creat+ jobs1 increas+ or /abiliz+ resid5tial & comm]cial prop]ty values1 & meet+ o!r neighborhood ne$s1 except t n m ?an #aj p]c5t ( any grant made "u ?is section may be us$ = activities "u ?is p>agraph4 7c7 ,af=dability t]ms 7#a7 ,r5tal units ,9 ! case ( prop]ty assi/$ pursuant to subsection 7b77#c7 conta9+ any dwell+ units t are made available = r5tal-- 7,a7 su* units %all be available = r5tal only by a h\sehold hav+ an income t does n exce$ #fj p]c5t ( ! m$ian income = ! area 9 :i* su* unit is locat$2 7,b7 su* units %all rema9 af=dable = n less ?an #cj ye>s2 7,c7 su* prop]ty may be a mix$-use prop]ty2 & 7,d7 su* unit %all be ma9ta9$ 9 habitable condition1 z def9$ by ! locality 9 :i* ! prop]ty is locat$4 7#b7 ,home[n]%ip units ,9 ! case ( prop]ty assi/$ pursuant to subsection 7b77#c7 consi/+ ( a dwell+ unit1 or conta9+ any dwell+ units1 made available = home[n]%ip1 su* unit or units-- 7,a7 %all be available = pur*ase only to by a h\sehold hav+ an income t does n exce$ #abj p]c5t ( ! m$ian income = ! area 9 :i* su* unit is locat$2 7,b7 if made available ?r\gh a %>$ equity home[n]%ip program1 %all rema9 af=dable = n less ?an #cj ye>s2 & 7,c7 if n made available ?r\gh a %>$ equity home[n]%ip program-- 7i7 %all rema9 af=dable = a p]iod ( ye>s z det]m9$ by ! p>tn]%ip1 :i* %all n be %ort] ?an #e ye>s f ! sale ( ! unit2 & 7ii7 %all be subject to resale or recapture provisions t-- 7,i7 are e/abli%$ by ! p>tn]%ip to ensure t ! af=dability t]m may be met or funds may be r$eploy$ = neighborhood revitalization support activities2 7,,ii7 may be waiv$ 9 cases ( h>d%ip or m>ket depreciation2 & 7,,iii7 provide t1 9 ! case ( a resale1 ! p>tn]%ip may ma9ta9 preemptive pur*ase options 9 ord] to sell ! prop]ty to ano!r income qualifi$ pur*as]4 7#c7 ,new t]ms ,if a prop]ty describ$ 9 ?is subsection conv]ts betwe5 r5tal & home[n]%ip or %>$ equity home[n]%ip1 ! af=dability t]ms ( ! new t5ure type %all be utiliz$ ^u occupancy4 7d7 ,applications 7#a7 ,9 g5]al ,to apply to receive a grant "u ?is section1 an eligible local p>tn]%ip %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 7#b7 ,grant recipi5t priority selection crit]ia ,! ,secret>y %all prioritize aw>d+ grants bas$ on ! foll[+ crit]ia3 7,a7 ,! sev]ity ( ! indicators ( di/ress ( ! eligible locality describ$ 9 section #c7f74 7,b7 ,! ext5t to :i* ! activities propos$ w-- 7i7 9 ! case ( r5tal h\s+1 b5efit h\seholds hav+ incomes n exce$+ #cj p]c5t ( ! m$ian income = ! area2 & 7ii7 9 ! case ( home[n]%ip h\s+1 includ+ %>$ equity home[n]%ip1 b5efit h\seholds hav+ incomes n exce$+ #hj p]c5t ( ! m$ian income = ! area4 7,c7 ,:e!r ! activities propos$ w promote af=dable home[n]%ip & ! ext5t to :i* ^? af=dability t]ms w be pres]v$4 7,d7 ,! ext5t to :i* an eligible local p>tn]%ip t includes a public h\s+ ag5cy w use h\s+ *oice v\*]s to support home[n]%ip = h\seholds at or bel[ #fj p]c5t ( area m$ian income4 7,e7 ,! demon/rat$ capacity ( an eligible local p>tn]%ip to execute ! propos$ eligible neighborhood revitalization support activities4 7,f7 ,! demon/rat$ community plann+1 outrea*1 & engagem5t practices ( an eligible local p>tn]%ip4 7,g7 ,! dep? & bread? ( ! community p>tn]%ip support+ ! application4 7,h7 ,! ext5t to :i* exi/+ resid5ts are assi/$ to prev5t displacem5t4 7,i7 ,! ext5t to :i* ! propos$ neighborhood revitalization support activities w\ld help close ! racial weal? gap by increas+ m9ority home[n]%ip1 ensur+ equitable access to h\s+ & economic opportunity1 & c\nt]+ ! ongo+ legacy ( r$l9+ policies4 7,j7 ,! ext5t to :i* developm5t ( new units are wat] & en]gy effici5t4 7,k7 ,! feasibility ( ! propos$ neighborhood revitalization support activities consid]+ local m>ket conditions4 7,l7 ,! ext5t to :i* an application demon/rates compreh5sive community plann+ ef=ts & additional funds 9 h& or committ$ = activities 9 ! geographic area t are n directly relat$ to ! provision ( af=dable h\s+1 su* z support = small1 m9ority1 & wom5-own$ bus9ess activity 9 comm]cial zones 9 ! t>get$ neighborhoods4 7#c7 ,geographical div]sity ,! ,secret>y %all seek to make grants "u ?is section = eligible local p>tn]%ips s]v+ geographically div]se areas ( economic di/ress1 z describ$ 9 section #c7f71 includ+ metropolitan & und]s]v$ rural areas4 7e7 ,op]ation co/s ,n m ?an #ae p]c5t ( ! am\nt ( ea* grant "u ?is section may be us$ by ! recipi5t = adm9i/rative & organizational support co/s4 7f7 ,te*nical assi/ance & capacity build+ ,! ,secret>y may res]ve up to #a p]c5t ( any funds appropriat$ to c>ry out ?is section = te*nical assi/ance activities :i* support grantees "u ?is program & #a p]c5t ( funds f ea* grant aw>d$ %all be us$ to develop grantee capacity to meet ! requirem5ts "u p>agraphs 7#a7 & 7#b7 ( subsection 7h74 7g7 ,fair h\s+ protections ,funds provid$ "u ! program "u ?is section may n be us$ to d5y h\s+ opportunities bas$ on ! crim9al or eviction hi/ory1 s\rce ( income1 or vet]an /atus ( any memb] ( a h\sehold4 7h7 ,acc\ntability ( recipi5ts 7#a7 ,requirem5ts ,! ,secret>y %all-- 7,a7 require ea* grantee "u ?is section to develop & ma9ta9 a sy/em to ensure t ea* recipi5t ( assi/ance uses ^? am\nts 9 accordance ) ?is section1 ! regulations issu$ "u ?is section1 & any requirem5ts or conditions "u :i* su* am\nts 7 provid$2 & 7,b7 e/abli% m9imum requirem5ts = agreem5ts betwe5 ! grantee & ! ,secret>y1 reg>d+ assi/ance f grants "u ?is section1 :i* %all include-- 7i7 appropriate p]iodic f9ancial & project report+1 record ret5tion1 & audit requirem5ts = ! duration ( ! grant to ! recipi5t to ensure compliance ) ! limitations & requirem5ts ( ?is section & ! regulations "u ?is section2 & 7ii7 any o!r requirem5ts t ! ,secret>y det]m9es are necess>y to ensure appropriate grant adm9i/ration & compliance4 7#b7 ,publicly available in=mation ,! ,secret>y %all make in=mation reg>d+ ! results ( assi/ance provid$ ) am\nts f grants "u ?is section publicly available1 :i* %all include at lea/ ! foll[+ in=mation3 7,a7 ,a li/ ( recipi5ts ( grants aw>d$ "u ?is section & ! am\nt ( ea* su* grant4 7,b7 ,a description ( ea* neighborhood revitalization support activity c>ri$ out by ea* su* recipi5t & ! impacts associat$ ) ea* su* activity1 includ+ ! *ange 9 ! rate ( m9ority & fir/-"t home[n]%ip4 7,c7 ,! total numb] ( h\s+ units acquir$1 r$evelop$1 or produc$ us+ grant am\nts "u ?is section4 7,d7 ,! total numb] ( h\s+ units = r5t1 own]%ip1 & %>$ equity home[n]%ip assi/$ ) grant am\nts "u ?is section & ! numb] ( b$rooms 9 ea* su* unit4 7,e7 ,! p]c5tage ( h\s+ units assi/$ ) grant am\nts "u ?is section t are af=dable to l[-1 v l[-1 & extremely l[-income h\seholds4 7,f7 ,! numb] ( su* h\s+ units locat$ 9 areas :]e ! p]c5tage ( h\seholds 9 a racial or e?nic m9ority gr\p-- 7i7 is n less ?an #bj p]c5tage po9ts high] ?an ! p]c5tage ( ! population ( t m9ority gr\p = ! metropolitan /ati/ical area2 7ii7 is n less ?an #bj p]c5tage po9ts high] ?an ! p]c5tage ( ! population ( all m9orities = ! metropolitan /ati/ical area2 & 7iii7 exce$s #ej p]c5t ( ! population4 7,g7 ,any o!r in=mation t ! ,secret>y det]m9es necess>y to ensure t h\s+ outcomes & grant adm9i/ration & compliance align ) ! purposes ( ?is ,act4 7i7 ,report ,n lat] ?an #b ye>s aft] grants "u ?is section are fir/ aw>d$ & #c ye>s !reaft]1 ! ,secret>y %all submit to ! appropriate congressional committees1 & make publicly available onl9e1 a report t-- 7#a7 evaluates ! impact ( ! program e/abli%$ "u ?is section2 7#b7 describes demographic *anges 9 ! eligible localities s]v$ by grantees ( grants "u ?is section1 includ+ *anges 9 income1 race1 & e?nicity1 prop]ty values1 & unemploym5t rates2 7#c7 id5tifies ! numb] ( h\s+ units assi/$ ) grant am\nts "u ?is section locat$ 9 high- & l[-pov]ty c5sus tracts2 7#d7 id5tifies ! numb] ( accessible units creat$ & modifi$ ) grant am\nts "u ?is section & :]e su* units are locat$ us+ ! mo/ granul> location measurem5t t is feasible su* z at ! ,c5sus block gr\p level2 & 7#e7 id5tifies :]e h\s+ units assi/$ ) grant am\nts are locat$ 9 relation to community assets1 includ+ high p]=m+ s*ools & public transportation options4 7j7 ,au?orization ( appropriations 7#a7 ,9 g5]al ,!re is au?oriz$ to be appropriat$ to c>ry out ?is section #e1jjj1jjj1jjj = ea* ( fiscal ye>s #bjba ?r\gh #bjca4 7#b7 ,set aside 7,a7 ,9 g5]al ,! ,secret>y %all aw>d n less ?an #ejj1jjj1jjj ( any am\nts appropriat$ pursuant to ?is subsection to eligible local p>tn]%ips t w provide neighborhood revitalization support activities to localities outside ( a ,metropolitan ,/ati/ical ,area1 z designat$ by ! ,(fice ( ,managem5t & ,budget4 7,b7 ,exception ,! priority "u subsection 7d77#b77,l7 7relat+ to mat*+ funds7 %all n apply to am\nts aw>d$ "u ?is p>agraph4 7#c7 ,,n(a ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all issue a ,notice ( ,fund+ ,availability = grants "u ?is section4 #e4 ,self-,help ,home[n]%ip ,opportunity ,program ,!re is au?oriz$ to be appropriat$ = grants "u section #aa ( ! ,h\s+ ,opportunity ,program ,ext5sion ,act ( #aiif 7#db ,u4,s4,c4 #abhje note7 #bej1jjj1jjj = fiscal ye> #bjba1 :i* %all rema9 available until ,septemb] #cj1 #bjca4