42 U.S.C. § 3121
Section 3121 · Findings and declarations
Current version, with additions and removals from the November 13, 1998 version.
Congress finds that—
Congress finds that—
(2) as the economy of the United States continues to grow, those distressed areas contain significant human and infrastructure resources that are underused;
(3) expanding international trade and the increasing pace of technological innovation offer both a challenge and an opportunity to the distressed communities of the United States;
(2) economic growth in the States, cities, and rural areas of the United States is produced by expanding economic opportunities, expanding free enterprise through trade, developing and strengthening public infrastructure, and creating a climate for job creation and business development;
(3) the goal of Federal economic development programs is to raise the standard of living for all citizens and increase the wealth and overall rate of growth of the economy by encouraging communities to develop a more competitive and diversified economic base by—
(A) creating an environment that promotes economic activity by improving and expanding public infrastructure;
(B) promoting job creation through increased innovation, productivity, and entrepreneurship; and
(C) empowering local and regional communities experiencing chronic high unemployment and low per capita income to develop private sector business and attract increased private sector capital investment;
(6) the goal of Federal economic development activities should be to work in partnership with local, regional, and State public and private organizations to support the development of private sector businesses and jobs in distressed communities;
(8) under this chapter, new employment opportunities should be created by developing and expanding new and existing public works and other facilities and resources rather than by merely transferring jobs from one area of the United States to another.
(4) assistance under this chapter should be made available to promote the productive reuse of abandoned industrial facilities and the redevelopment of brownfields.