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e-CFR data is current as of March 4, 2021

Title 45Subtitle BChapter XIIISubchapter DPart 1336Subpart F → §1336.61


Title 45: Public Welfare
PART 1336—NATIVE AMERICAN PROGRAMS
Subpart F—Native Hawaiian Revolving Loan Fund Demonstration Project


§1336.61   Purpose of the Revolving Loan Fund.

The purpose of the Native Hawaiian Revolving Loan Fund is to provide funding not available from other sources on reasonable terms and conditions to:

(a) Promote economic activities which result in expanded opportunities for Native Hawaiians to increase their ownership of, employment in, or income from local economic enterprise;

(b) Assist Native Hawaiians to overcome specific gaps in local capital markets and to encourage greater private-sector participation in local economic development activities; and

(c) Increase capital formation and private-sector jobs for Native Hawaiians. (section 803A(a)(1)(A))

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