[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR308.2]

[Page 563-564]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 308--REQUIREMENTS FOR ECONOMIC ADJUSTMENT GRANTS--Table of Contents
 
                           Subpart A--General
 
Sec. 308.2  Criteria.

    (a) A grant may be made under this part only when the project will 
help the area to meet a special need arising from actual or threatened 
severe unemployment or economic adjustment problems resulting from 
severe changes in economic conditions; and the area for which a project 
is to be carried out has a strategy and the project is consistent with 
the strategy, except that

[[Page 564]]

the strategy requirement shall not apply to planning projects.
    (b) The term ``special need'' in paragraph (a) of this section means 
conditions of unemployment, per capita income, or special need that 
qualify an area for eligibility under Sec. 301.2(b).
    (c) Additional criteria, and/or priority consideration factors for 
assistance, may be set forth in a NOFA.