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Support for Small Businesses and District Revitalization in Underserved Communities

This act establishes a grant program to assist small businesses and revitalize commercial districts in low-income, rural, and minority communities. Through this program, local organizations can receive financial and technical support, potentially leading to new jobs and improved services in these areas. Citizens may see improvements in local business infrastructure and greater access to diverse services.
Key points
Grant program for organizations supporting small businesses and district revitalization in low-income, rural, and minority communities.
Up to $50 million annually from 2022-2026 available for local business support and economic development.
Priority given to applications from organizations serving socially and economically disadvantaged communities.
Up to 100% federal funding for project costs in justified cases, facilitating local initiatives.
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Expired
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Additional Information
Print number: 117_HR_7451
Sponsor: Rep. Carter, Troy [D-LA-2]
Process start date: 2022-04-07
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Revitalizing Small and Local Businesses Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7451.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-04-07.

What are the main provisions?

Key points include:

  • Grant program for organizations supporting small businesses and district revitalization in low-income, rural, and minority communities.
  • Up to $50 million annually from 2022-2026 available for local business support and economic development.
  • Priority given to applications from organizations serving socially and economically disadvantaged communities.
  • Up to 100% federal funding for project costs in justified cases, facilitating local initiatives.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Carter, Troy [D-LA-2].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy Public Investments Local Government