§ 3154b. Planning performance awards

• (a) The Secretary may make a planning performance award in connection with a grant made, on or after October 27, 2004 , to an eligible recipient for a project under this subchapter located in an economic development district.
• (b) The Secretary may make a planning performance award to an eligible recipient under subsection (a) in connection with a grant for a project if the Secretary determines before closeout of the project that—
  • (1) the recipient actively participated in the economic development activities of the economic development district in which the project is located;
  • (2) the project is consistent with the comprehensive economic development strategy of the district;
  • (3) the recipient worked with Federal, State, and local economic development entities throughout the development of the project; and
  • (4) the project was completed in accordance with the comprehensive economic development strategy of the district.
• (c) The amount of a planning performance award made under subsection (a) in connection with a grant may not exceed 5 percent of the amount of the grant.
• (d) A recipient of a planning performance award under subsection (a) shall use the award to increase the Federal share of the cost of a project under this subchapter.
• (e) Notwithstanding section 3144 of this title , the funds of a planning performance award may be used to pay up to 100 percent of the cost of a project under this subchapter.
• (f) The Secretary shall use any amounts made available for economic development assistance programs to carry out this section.