13-14-203 - Purpose.

13-14-203. Purpose.

A program may be established by this state to build local capacity of community-based organizations to address any or a combination of the following:

     (1)  Housing needs of people with low or moderate incomes, for home ownership and affordable rental housing, including housing development for the elderly and persons with a disability;

     (2)  Employment needs of people with low or moderate incomes including job placement with attendant support, small business and entrepreneurship development, and for-profit business development by nonprofit community-based development organizations;

     (3)  Social service program needs incorporated as a component of community economic development strategies; and

     (4)  Communications technology to build a network to exchange information and provide technical assistance in the field of community-based economic development.

[Acts 1996, ch. 1032, § 3.]