Economic Development Assistance

Economic Development Assistance development facilities For grants and loans for development facilities as authorized by titles I, II, IV and V of the Public Works and Economic Development Act of 1965, as amended (79 Stat. 552; 81 Stat. 266), $180,000,000: Provided, That no part of any appropriation contained in this Act shall be used for administrative or any other expenses in the creation or operation of an economic development revolving fund. industrial development loans and guarantees For loans and guarantees of working capital loans for industrial development, pursuant to titles II and IV of the Public Works and Economic Development Act of 1965, as amended (79 Stat. 552, 81 Stat. 690), $50,000,000. 82 Stat. 678 planning, technical assistance, and research For payments for technical assistance, research, and planning grants, as authorized by titles III and V of the Public Works and Economic Development Act of 1965, as amended (79 Stat. 558; 81 Stat. 266), $25,000,000. operations and administration For necessary expenses of administering the economic development assistance programs, not otherwise provided for, $19,740,000, of which not less than $2,000,000 shall be advanced to the Small Business Administration for the processing of loan applications.