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This bill amends the Public Works and Economic Development Act of 1965 to establish a new Capacity Building for Business Districts Pilot Program administered by the Economic Development Administration. The program would award competitive grants to intermediary organizations that provide technical assistance, training, and capacity-building support to business district organizations in low-income, rural, minority, and Native communities. Grant recipients would be required to report annually on their activities, including the businesses served, funds deployed, jobs created and retained, and geographic areas covered.
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