---
kind: "section"
citation: "13 C.F.R. § 307.3"
title: "13"
number: "307.3"
heading: "Use of Economic Adjustment Assistance Investments."
url: "https://uscodex.org/cfr/13/307.3"
---

# §307.3. Use of Economic Adjustment Assistance Investments.


Economic Adjustment Assistance Investments may be used to develop a CEDS to alleviate long-term economic deterioration or a sudden and severe economic dislocation (a “Strategy Grant”), or to fund a Project implementing such a CEDS (an “Implementation Grant”).

- (a) **Strategy Grants support developing, updating or refining a CEDS.**
- (b) **Implementation Grants support the execution of activities identified in a CEDS.** Specific activities may be funded as separate Investments or as multiple elements of a single Investment. Examples of Implementation Grant activities include:
  - (1) Infrastructure (as defined in [§ 301.11](/cfr/13/301.11.md) of this chapter) improvements, such as site acquisition, site preparation, construction, rehabilitation and equipping of facilities;
  - (2) Provision of business or infrastructure financing through the capitalization of Recipient-administered Revolving Loan Funds (“RLFs”), which may include loans and interest rate buy-downs to facilitate business lending activities;
  - (3) Market or industry research and analysis;
  - (4) Technical assistance, including organizational development such as business networking, restructuring or improving the delivery of business services, or feasibility studies;
  - (5) Public services;
  - (6) Training; and
  - (7) **Other activities justified by the CEDS that satisfy applicable statutory and regulatory requirements.**

## Notes

### Amendments

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]

### Authority

Authority: 42 U.S.C. 3211; 42 U.S.C. 3149; 42 U.S.C. 3161; 42 U.S.C. 3162; 42 U.S.C. 3233; Department of Commerce Organization Order 10-4.

### Source

Source: 71 FR 56675, Sept. 27, 2006, unless otherwise noted.

### Amendments

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]