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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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Status:
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
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
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.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments Local Government