(1) coordinate the community parks revitaliza-
tion program for grants under this title with other 
Federal departments and agencies and with State 
agencies that administer programs and policies af-
fecting urban areas such as the White House Office 
of Urban Policy and departments that administer 
programs and policies affecting climate change, 
green jobs, housing, urban development, natural re-
sources management, employment, transportation, 
community services, and voluntary action; 
(2) encourage maximum coordination of the 
program between appropriate State agencies and 
local government applicants; and 
(3) require that local government applicants in-
clude provisions for participation of community and 
neighborhood residents, including youth, and for 
public-private coordination in recovery action pro-
gram planning and project selection. 
SEC. 110. REPORTS; RECORDKEEPING; AUDIT AND EXAM-
INATION. 
(a) REPORTS.—Each recipient of assistance under 
this title shall submit to the Secretary, for each fiscal year 
such assistance is received, an annual report detailing the 
projects and programs undertaken with such assistance, 
the number of jobs created by such assistance, and any 
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other information the Secretary determines appropriate 
based on the priority criteria established by the Secretary 
under sections 105 and 106. 
(b) RECORDKEEPING.—Each recipient of assistance 
under this title shall keep such records as the Secretary 
shall prescribe, including records that fully disclose the 
amount and disposition of project or program under-
takings in connection with which assistance under this 
title is given or used, and the amount and nature of that 
portion of the cost of the project or program undertaking 
supplied by other sources, and such other records as will 
facilitate an effective audit. 
(c) AUDIT AND EXAMINATION.—The Secretary and 
the Comptroller General of the United States, or their 
duly authorized representatives, shall have access, for the 
purpose of audit and examination, to any books, docu-
ments, papers, and records of a recipient of assistance 
under this title that are pertinent to such assistance. 
SEC. 111. REPORTS TO CONGRESS. 
(a) INTERIM REPORT.—Not later than 5 years after 
the date of enactment of this Act, the Secretary shall sub-
mit to the Congress an interim report containing such 
findings and recommendations as the Secretary deter-
mines appropriate with respect to the community parks 
revitalization program established pursuant to this title. 
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(b) FINAL REPORT.—Not later than 10 years after 
the date of enactment of this Act, the Secretary shall sub-
mit to Congress a report describing the overall impact of 
the community parks revitalization program established 
pursuant to this title. 
SEC. 112. DEFINITIONS. 
In this title, the following definitions shall apply: 
(1) The term ‘‘eligible local government’’ means 
a local government that, pursuant to section 103(b), 
is eligible for a grant under section 103(a). 
(2) The term ‘‘insular areas’’ means Guam, the 
Virgin Islands, American Samoa, and the Northern 
Mariana Islands. 
(3) The term ‘‘local government’’ means any 
city, county, town, township, parish, village, or any 
local or regional special district, such as a park dis-
trict, conservation district, or park authority. 
(4) The term ‘‘maintenance’’ means all com-
monly accepted practices necessary to keep rec-
reational areas and facilities operating in a state of 
good repair and to protect such areas and facilities 
from deterioration resulting from normal wear and 
tear. 
(5) The term ‘‘private nonprofit agency’’ means 
a community-based, nonprofit organization, corpora-
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tion, or association organized for purposes of pro-
viding recreation, conservation, and educational serv-
ices directly to urban residents on either a neighbor-
hood or community-wide basis through voluntary do-
nations, voluntary labor, or public or private grants. 
(6) The term ‘‘recreational areas and facilities’’ 
means indoor or outdoor parks, buildings, sites, or 
other facilities that are dedicated to recreation pur-
poses and administered by public or private non-
profit agencies to serve the recreation needs of com-
munity residents, with emphasis on public facilities 
readily accessible to residential neighborhoods, in-
cluding multiple-use community centers that have 
recreation as a primary purpose, but not including 
major sports arenas, exhibition areas, and con-
ference halls used primarily for commercial sports, 
spectator, or display activities. 
(7) The term ‘‘Secretary’’ means the Secretary 
of Housing and Urban Development. 
(8) The term ‘‘State’’ means any State of the 
United States (or any instrumentality of a State ap-
proved by the Governor), the District of Columbia, 
and the Commonwealth of Puerto Rico. 
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SEC. 113. REGULATIONS. 
(a) REGULATIONS.—Not later than 180 days after 
the date of the enactment of this Act, the Secretary shall 
promulgate regulations establishing the community parks 
revitalization program under this title to provide the 
grants authorized in section 103(a), in accordance with 
this title. 
(b) 
REQUIREMENTS.—The 
regulations 
required 
under this section shall include— 
(1) the criteria necessary to carry out sections 
104, 105, and 106; 
(2) requirements regarding the form of, and 
elements to be included in, applications by eligible 
local governments for grants under this title, re-
quirements for and detailed instructions on the proc-
ess for submitting such applications, and deadlines 
for such applications; 
(3) criteria pursuant to sections 104(a) and 
105(a) for priority in selection and approval by the 
Secretary of projects or programs to receive grant 
funds; 
(4) guidelines regarding whether an applicant 
may modify a pending application and the process 
for modifying pending applications, and guidelines 
for submitting a request for modification of a project 
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suant to subsection (a) in any fiscal year may to provide 
rehabilitation and construction grants under section 
103(a)(1), innovation and recreation program grants 
under section 103(a)(2), and recovery action program 
grants under section 103(a)(3) to be used in the insular 
areas. Any such grants shall not be subject to sections 
103(c) and 107(a) (relating to matching amounts), and 
may only be subject to such conditions, reports, plans, and 
agreements, if any, as determined by the Secretary. 
TITLE II—SECURED LOANS AND 
LOAN 
GUARANTEES 
FOR 
PARKS AND RECREATION IN-
FRASTRUCTURE 
DEVELOP-
MENT 
SEC. 201. PURPOSES. 
The purposes of this title are— 
(1) to promote increased development of parks 
and recreation infrastructure by establishing addi-
tional opportunities for financing parks and recre-
ation projects; 
(2) to attract new investment capital to infra-
structure projects that are capable of generating rev-
enue streams through user fees or other dedicated 
funding sources; 
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(3) to complement existing Federal funding 
sources and address budgetary constraints on the 
National Park Service; and 
(4) to leverage private investment in parks and 
recreation infrastructure. 
SEC. 202. AUTHORITY TO PROVIDE ASSISTANCE. 
The Secretary of Housing and Urban Development 
may provide financial assistance under section 208 to eli-
gible entities to carry out parks and infrastructure 
projects selected for such assistance pursuant to section 
207. 
SEC. 203. ELIGIBLE ENTITIES. 
Financial assistance under section 208 may be pro-
vided only to the following entities: 
(1) A corporation. 
(2) A partnership. 
(3) A joint venture. 
(4) A trust. 
(5) A Federal, State, or local governmental en-
tity, agency, or special purpose park and recreation 
district. 
(6) A State infrastructure financing authority. 
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SEC. 204. PROJECTS ELIGIBLE FOR ASSISTANCE. 
Financial assistance may be provided under section 
208, subject to section 207, only for the following types 
of projects: 
(1) A project for the development of indoor or 
outdoor parks, buildings, sites, or other facilities 
that are dedicated to recreation purposes and ad-
ministered by public or private nonprofit agencies to 
serve the recreation needs of community residents, 
including multiple-use community centers that have 
recreation as a primary purpose, but not including 
major sports arenas, exhibition areas, and con-
ference halls used primarily for commercial sports, 
spectator, or display activities. 
(2) A project for the construction, planning, 
and design of on-road and off-road trail facilities for 
pedestrians, bicyclists, and other nonmotorized 
forms of transportation, including sidewalks, bicycle 
infrastructure, pedestrian and bicycle signals, traffic 
calming techniques, lighting and other safety-related 
infrastructure, 
and 
transportation 
projects 
to 
achieve compliance with the Americans with Disabil-
ities Act of 1990 (42 U.S.C. 12101 et seq.). 
(3) A project for the construction, planning, 
and design of infrastructure-related projects and 
systems that will provide safe routes for nondrivers, 
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including children, older adults, and individuals with 
disabilities to access daily needs. 
(4) A project for the conversion and use of 
abandoned railroad corridors for trails for pedes-
trians, bicyclists, or other nonmotorized transpor-
tation users. 
(5) A project for the construction of turnouts, 
overlooks, and viewing areas. 
SEC. 205. ACTIVITIES ELIGIBLE FOR ASSISTANCE. 
Amounts from a loan made or guaranteed under sec-
tion 208 provided for an eligible project may be used for 
costs of carrying out such project, including costs of— 
(1) development-phase activities, including plan-
ning, feasibility analysis, revenue forecasting, envi-
ronmental review, permitting, preliminary engineer-
ing and design work, and other preconstruction ac-
tivities; 
(2) construction, reconstruction, rehabilitation, 
preservation, and replacement activities; 
(3) the acquisition of real property (including 
water rights, land relating to the project, and im-
provements to land), environmental mitigation, con-
struction contingencies, and acquisition of equip-
ment; 
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(4) capitalized interest necessary to meet mar-
ket requirements, reasonably required reserve funds, 
capital issuance expenses, and other carrying costs 
during construction; and 
(5) refinancing interim construction funding, 
long-term project obligations, or a secured loan or 
loan guarantee made under this title. 
SEC. 206. APPLICATIONS. 
(a) IN GENERAL.—The Secretary shall provide for el-
igible entities to submit applications for selection of eligi-
ble projects to receive financial assistance under section 
208, at such time, in such manner, and containing such 
information as the Secretary may require. 
(b) COMBINED PROJECTS.—The Secretary shall pro-
vide that in the case only of an eligible entity described 
in section 203(6), such an entity may submit a single ap-
plication for a combination of projects, each of which is 
an eligible project under paragraphs (1) through (5) of 
section 205. 
SEC. 207. DETERMINATION OF ELIGIBILITY AND PROJECT 
SELECTION. 
(a) SELECTION OF PROJECTS.—Using the selection 
criteria under subsection (c) of this section, the Secretary 
shall select, from applications submitted pursuant to sec-
tion 206, eligible projects that meet the criteria under sub-
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