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15 U.S. Code § 9501. Definitions
In this chapter:(1) Agency
The term “Agency” means the Minority Business Development Agency of the Department of Commerce.
(2) Community-based organization
The term “community-based organization” has the meaning given the term in section 7801 of title 20.
(3) Eligible entityExcept as otherwise expressly provided, the term “eligible entity”—
(A) means—
(i)
a private sector entity;
(ii)
a public sector entity; or
(iii)
a Native entity; and
(B)
includes an institution of higher education.
(4) Federal agency
The term “Federal agency” has the meaning given the term “agency” in section 551 of title 5.
(5) Federally recognized area of economic distressThe term “federally recognized area of economic distress” means—
(A)
a HUBZone, as that term is defined in section 657a(b) of this title;
(B) an area that—
(i) has been designated as—
(I)
an empowerment zone under section 1391 of title 26; or
(II)
a Promise Zone by the Secretary of Housing and Urban Development; or
(ii)
is a low or moderate income area, as determined by the Department of Housing and Urban Development;
(C)
a qualified opportunity zone, as that term is defined in section 1400Z–1 of title 26; or
(D)
any other political subdivision or unincorporated area of a State determined by the Under Secretary to be an area of economic distress.
(6) Institution of higher education
The term “institution of higher education” has the meaning given the term in section 1001 of title 20.