123STA T . 211 0PUBLIC LA W 111 –8 0 —O CT. 21 , 200 9underthis he a din g, the a mo unt e q ua l to the amount o fR ural D e v elo p ment L oan F und P rogram Ac count funds allocated by the S ecretary for Rural E conomic Area Partnership Z ones for the fiscal year 20 0 9 , shall be available through J une 3 0, 20 1 0, for commu - nities designated by the Secretary of Agriculture as Rural Economic Area Partnership Zones .I n addition, for administrative e x penses to carry out the direct loan programs, $4 ,941,000 shall be transferred to and merged w ith the appropriation for ‘ ‘Rural Development, Salaries and Expenses ’ ’. RU R ALECON O MI C D E V ELO P MEN T LOAN S PRO G RAM ACCOUNT ( INCLUDING RESCISSION O F FUNDS ) For the principal amount of direct loans, as authori z ed under section 313 of the Rural Electrification Act, for the purpose of promoting rural economic development and j ob creation projects, $33,0 7 7,000. O f the funds derived from interest on the cushion of credit payments, as authorized by section 313 of the Rural Electrification Act of 193 6 , $44,463,000 shall not be obligated and $44,463,000 are rescinded. RURAL COOPERATIVE DEVELOPMENT GRANTS For rural cooperative development grants authorized under section 310 B( e ) of the C onsolidated Farm and Rural Development Act (7 U .S.C. 1932), $34, 85 4,000, of which $300,000 shall be for a cooperative research agreement with a qualified academic institu- tion to conduct research on the national economic impact of all types of cooperatives
and of which $2,800,000 shall be for coopera- tive agreements for the appropriate technology transfer for rural areas program
- Provide
d, T hat not to exceed $3,463,000 shall be for cooperatives or associations of cooperatives whose primary focus is to provide assistance to small, socially disadvantaged producers and whose governing board and / or membership is comprised of at least 75 percent socially disadvantaged members; and of which $20,367,000, to remain available until expended, shall be for value- added agricultural product mar k et development grants, as author- ized by section 231 of the Agricultural Risk Protection Act of 2000 (7 U.S.C. 1621 note). RURAL MICROENTERPRISE INVESTMENT PROGRAM ACCOUNT For the cost of loans and grants, $5,000,000 as authorized by section 379E of the Consolidated Farm and Rural Development Act (7 U.S.C. 1981 et seq.): Provided, That such costs of loans, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974. RURAL ENERG Y FOR AMERICA PROGRAM For the cost of a program of loan guarantees and grants, under the same terms and conditions as authorized by section 9007 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 8107), $39,340,000: Provided , That the cost of loan guaran- tees, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974.
