Maine § 13073-A. - Regional Economic Development Assistance Fund
Full text of Maine Maine Revised Statutes § 13073-A. — Regional Economic Development Assistance Fund, with citation guidance and answers to common questions.
§ 13073-A.. Regional Economic Development Assistance Fund
The Director of the Office of Community Development shall administer the Regional Economic Development Assistance Fund, referred to in this section as the "fund." [PL 2003, c. 198, §4 (AMD).]
1. Fund established. The fund is established as a nonlapsing fund within the Office of Community Development.
2. Fund purpose. The purpose of the fund is to provide funding to develop effective local and regional economic development programs. The department shall administer the fund to award start-up grants to nonprofit local or regional community organizations that are providing local or regional economic development programs.
3. Application process. The department shall adopt rules establishing an application process for fund grants for the purposes set forth in this section.
4. Competitive procedure. Funds must be disbursed in accordance with a competitive, quality-based selection procedure as established and administered by the department.
5. Preference in awards. In awarding grants, the department shall give preference to those projects or programs that will benefit economically distressed communities and regions. In determining preference, the department shall consider such factors as unemployment rates, per capita income, educational attainment, business failures and dependence upon mature or dominant industries.
6. Local match requirements. All funds awarded must be matched by local funds on a minimum one-to-one basis.
7. Rules. The department shall adopt rules necessary to carry out this section. Rules adopted pursuant to this section are routine technical rules as defined in chapter 375, subchapter II‑A.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 13073-A.
What does Maine Revised Statutes § 13073-A. cover?
Section 13073-A. ("Regional Economic Development Assistance Fund") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 13073-A.?
A common citation format is "Maine Revised Statutes § 13073-A." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 13073-A. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.