that insures for his or her family ‘‘an existence wor-
thy of human dignity, and supplemented, if nec-
essary, by other means of social protection’’. 
(7) Consistent with the purpose and intent of 
the Employment Act of 1946, the Full Employment 
and Balanced Growth Act of 1978, Articles 55 and 
56 of the United Nations Charter, and Article 23 of 
the Universal Declaration of Human Rights, the 
Congress recognizes and declares that the meaning 
of full employment under both United States and 
international law is synonymous with the realization 
of the right to work. 
(8) Consistent with this understanding of the 
meaning of full employment, the stated policy of the 
United States with respect to the achievement of full 
employment and the realization of the right to work, 
and the obligations of the United States under inter-
national law, the Full Employment and Balanced 
Growth Act of 1978 established an interim 5-year 
target of 3 percent unemployment for individuals 20 
years of age and older, and 4 percent for individuals 
age 16 and over within 5 years, with full employ-
ment to be achieved ‘‘as soon as practicable’’ there-
after. 
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(9) Notwithstanding the targets set forth in the 
Full Employment and Balanced Growth Act of 
1978, the United States continues to suffer substan-
tial unemployment and underemployment across all 
phases of the business cycle, including periods when 
the Board of Governors of the Federal Reserve Sys-
tem is pursuing policies that may be useful in con-
trolling inflation but whose necessary consequence is 
the continuation of a level of unemployment and 
underemployment that is inconsistent with the 
achievement of full employment and the realization 
of the right to work. 
(10) The Federal Government’s failure to de-
velop and implement policies capable of reconciling 
the need to control inflation with its obligation to 
achieve full employment and secure the right to 
work imposes numerous economic and social costs on 
the Nation, the following among them: 
(A) The Nation is deprived of the full sup-
ply of goods and services and related increases 
in economic well-being that would occur under 
conditions of genuine full employment. 
(B) The Nation’s depressed output of 
goods and services, especially in the public sec-
tor, is insufficient to meet pressing national 
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needs for infrastructure investment and mainte-
nance, public transportation, clean energy pro-
duction, low and moderate income housing, edu-
cation, health care, child and elder care, and 
many other public goods and human services. 
(C) Unemployment and underemployment 
expose many workers and families to signifi-
cant, social, psychological, and physiological 
costs, including disruption of family life, the 
loss of individual dignity and self-respect, and 
the aggravation of physical and mental ill-
nesses. 
(D) Persisting unemployment and under-
employment have devastating financial con-
sequences for its victims, resulting in the loss of 
income and spending power for families, and 
interfering with their ability to save and accu-
mulate assets for a secure family life and retire-
ment. 
(E) Because disadvantaged population 
groups suffer the burdens and harmful con-
sequences of unemployment with greater fre-
quency and at higher levels than nondisadvan-
taged population groups, unemployment pre-
sents a virtually insurmountable barrier to the 
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achievement of equal opportunity for all Ameri-
cans. 
(F) Exceptionally high levels of unemploy-
ment among the Nation’s youth are particularly 
harmful because of their long-term negative ef-
fects. 
(G) High levels of unemployment and inad-
equate consumer demand also contribute to 
poor conditions for retail businesses, manufac-
turers, and many other firms to grow and pros-
per. 
(H) In the real estate sector, the Congress 
finds that high levels of unemployment con-
tribute to foreclosures, evictions, and commer-
cial vacancies, thereby undermining the quality 
of neighborhood and community life, and ham-
pering prospects for the economic development 
of all the Nation’s neighborhoods and commu-
nities. 
(11) Since the historic promise of the Employ-
ment Act of 1946 and the Full Employment and 
Balanced Growth Act of 1978 has not been realized, 
the Congress declares and reaffirms the Federal 
Government’s obligation to insure the availability of 
decent jobs for all at living wages. 
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(12) The Congress further declares and reaf-
firms that the elimination of job disparities among 
groups of workers who experience chronically higher 
rates of unemployment and underemployment is an 
essential component of the Federal Government’s 
commitment to the achievement of full employment 
and the realization of the right to work. 
(13) The Congress also finds that both job va-
cancy surveys and historic experience shows that 
even at the top of the business cycle, when the na-
tional unemployment rate drops to the 4 percent or 
below, the economy fails to provide enough jobs to 
employ everyone who wants to work. Consequently, 
the need for direct job creation by the Federal Gov-
ernment is especially important at such times to 
close the economy’s job gap without adding signifi-
cantly to inflationary pressures, a goal it is virtually 
impossible to achieve with economic policies directed 
at boosting production in the private sector of the 
economy. 
(14) The Congress further finds that in addi-
tion to providing a non-inflationary pathway for the 
achievement of full employment and the realization 
of the right to work, the direct job-creation strategy, 
conceived and tested by the Federal Government 
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during the New Deal era, would also reduce the se-
verity of recessions while enriching the Nation with 
a substantial increase in the production of badly 
needed public goods and services. 
(15) The Congress further finds that because of 
the broad range of social costs the problem of unem-
ployment imposes on society, including in particular 
reduced tax collections and increased social welfare 
expenditures by all levels of government, the achieve-
ment of full employment and the realization of the 
right to work by means of the New Deal’s direct job 
creation strategy would cost far less than other 
major social welfare benefits provided by government 
and might even end up saving the public money. 
(16) Therefore, while the Congress fully sup-
ports efforts to maximize the creation of private, 
public, and nonprofit sector jobs through improved 
use of general economic and structural policies, it 
recognizes and affirms the need to supplement those 
policies with a well-designed direct job creation pro-
gram committed to and capable of closing the econo-
my’s job gap across all phases of the business cycle. 
(b) PURPOSE.—It is the purpose of the Jobs for All 
Act to achieve genuine full employment and fulfill the 
right to useful work at living wages for all persons able, 
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willing and seeking employment by establishing a National 
Full Employment Trust Fund to pay for a national pro-
gram of public service employment capable of achieving 
these goals by supplementing the employment opportuni-
ties furnished by the existing private, public, and nonprofit 
sectors of the economy under existing law. 
SEC. 3. DEFINITIONS. 
In this Act, the following definitions apply: 
(1) ACA.—The term ‘‘ACA’’ means the Patient 
Protection and Affordable Care Act as amended. 
(2) DISADVANTAGED
INDIVIDUAL
OR
POPU-
LATION
GROUP.—The term ‘‘disadvantaged indi-
vidual’’ or ‘‘disadvantaged population group’’ means 
an individual or population group that the Secretary 
has identified as suffering from disabilities or socio- 
economic disadvantages that significantly interfere 
with the individual’s or group’s access to equal em-
ployment opportunity. 
(3) COMPARABLE
WORTH.—The term ‘‘com-
parable worth’’, used with respect to work, means 
work that includes the composite of the skill, effort, 
responsibility, and working conditions normally re-
quired in the performance of a particular job as de-
termined pursuant to standards established by the 
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Secretary following consultations with experts in the 
field of comparable worth wage assessments. 
(4) EQUAL OPPORTUNITY GRANT.—The terms 
‘‘Equal Opportunity Grant’’ and ‘‘grant’’ mean an 
Employment Opportunity Grant authorized in title 
III of this Act. 
(5) GRANT RECIPIENT.—The term ‘‘grant re-
cipient’’ means an entity awarded an Employment 
Opportunity Grant under section 6 of this Act. 
(6) HEALTH
EXCHANGE.—the term ‘‘Health 
Exchange’’ or ‘‘State Health Exchange’’ means an 
American Health Benefit Exchange established 
under section 1311(b) or 1321(c) of the ACA. 
(7) INDIAN TRIBE.—The term ‘‘Indian Tribe’’ 
has the meaning given such term in section 102(17) 
of the Housing and Community Development Act 
(42 U.S.C. 5302(17)). 
(8) ONE-STOP
CENTER.—The term ‘‘one-stop 
center’’ means a site described in section 121(e)(2) 
of the Workforce Innovation and Opportunity Act 
(29 U.S.C. 3151(e)(2)). 
(9) PROGRAM.—The term ‘‘Program’’ whether 
used as a noun or an adjective, shall refer to the 
program established under this Act. 
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(10) PROGRAM
EMPLOYEE.—The term ‘‘Pro-
gram employee’’ means a person certified as eligible 
for Program Employment under section 306 of this 
Act and who is employed in a job funded by the 
Trust Fund. 
(11) PROGRAM EMPLOYMENT.—The term ‘‘Pro-
gram employment’’ means employment of a Program 
Employee in a job funded by the Trust Fund. 
(12) PROGRAM TRAINEE.—The term ‘‘Program 
trainee’’ means a person enrolled in a training pro-
gram funded under this Act. 
(13) PROGRAM
TRAINING.—The term ‘‘Pro-
gram training’’ means training provide by a grant 
recipient in a training program authorized under 
title III of this Act. 
(14) REASONABLE NEEDS.—The term ‘‘reason-
able needs’’ shall mean those needs reasonably re-
quired for a household to enjoy a modest but ade-
quate standard of living, taking into consideration 
the size and composition of the household, the local 
cost of living, and any cash or in-kind transfer bene-
fits available to the household. 
(15) 
SECRETARY.—The 
term 
‘‘Secretary’’ 
means the Secretary of Labor. 
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(16) SMALL BUSINESS.—The term ‘‘small busi-
ness’’ has the meaning given the term ‘‘small busi-
ness concern’’ under section 3 of the Small Business 
Act (15 U.S.C. 632). 
(17) STATE.—The term ‘‘State’’ has the mean-
ing given such term in section 102(2) of the Hous-
ing and Community Development Act (42 U.S.C. 
5302(2)). 
(18) STATE HEALTH SUBSIDY PROGRAM.—The 
term ‘‘State health subsidy program’’ means a pro-
gram qualifying as an applicable State health sub-
sidy program under section 1413(e) of the ACA. 
(19) TRUST FUND.—The term ‘‘Trust Fund’’ 
refers to the National Full Employment Trust Fund 
established under section 101. 
(20) UNIT
OF
GENERAL
LOCAL
GOVERN-
MENT.—The term ‘‘unit of general local govern-
ment’’ has the meaning given such term in section 
102(1) of the Housing and Community Development 
Act (42 U.S.C. 5302(1)). 
(21) URBAN COUNTY.—The term ‘‘urban coun-
ty’’ has the meaning given such term in section 
102(6) of the Housing and Community Development 
Act (42 U.S.C. 5302(6)). 
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(22) WIOA.—The term ‘‘WIOA’’ means the 
‘‘Workforce Innovation and Opportunity Act of 2014 
as amended’’ (29 U.S.C. 3101 et seq.). 
TITLE 
I—ESTABLISHMENT 
OF 
NATIONAL 
FULL 
EMPLOY-
MENT TRUST FUND 
SEC. 101. NATIONAL FULL EMPLOYMENT TRUST FUND. 
There is hereby created an account in the Treasury 
of the United States to be known as the ‘‘National Full 
Employment Trust Fund’’. 
SEC. 102. SOURCE OF FUNDS. 
There is hereby appropriated to the Trust Fund for 
the fiscal year in which the effective date set forth in sec-
tion 314(d) occurs, and for each fiscal year thereafter, 
amounts equivalent to 100 percent of— 
(1) the taxes (including interest, penalties, and 
additions to the taxes) received under section 4475 
of the Internal Revenue Code of 1986 as added by 
section 314 of this Act; 
(2) the amount on deposit in the Federal Un-
employment Trust Fund that otherwise would have 
been requisitionable by a State Agency under section 
904(f) of the Social Security Act as amended (42 
U.S.C. 1104(f)) for the payment of Unemployment 
Insurance benefits that a Program employee would 
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have been entitled to receive but for that individual’s 
Program employment, with the amount debited from 
the book account or accounts in the Federal Unem-
ployment Trust Fund maintained for the payment of 
the Unemployment Insurance benefits in question; 
and 
(3) an amount equal to the FICA, Medicare, 
and personal income taxes paid by Program employ-
ees on their Program earnings, as estimated by the 
Secretary of the Treasury. 
SEC. 103. LOANS FROM THE FEDERAL RESERVE SYSTEM. 
(a) IN GENERAL.—If the amount available in the 
Trust Fund for allocation under title III of this Act is 
insufficient to prevent the national unemployment rate 
from rising more than one full percentage point above its 
previously attained level, the Board of Governors of the 
Federal Reserve System shall lend such additional 
amounts to the Trust Fund as are necessary to allow the 
Secretary of Labor to make such additional allocations 
under title III of this Act as are necessary to restore the 
national unemployment rate to its allowable 1 percent 
range of upward variation. 
(b) REPAYMENT.—Amounts lent to the Trust Fund 
by the Board of Governors of the Federal Reserve System 
under subsection (a) shall be repaid by the Trust Fund 
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over 10 years, with interest payable at the same average 
rate the Federal Government contracts to pay on 10-year 
bonds sold during the period beginning 45 days prior to 
the date the loans were made to the Trust Fund and end-
ing 45 days following such date. 
(c) CANCELLATION OF DEBT.—The Board of Gov-
ernors of the Federal Reserve System, in consultation with 
the Federal Open Market Committee, shall have a con-
tinuing obligation to review any debt owed by the Trust 
Fund to the Federal Reserve System, and if it determines 
that the debt or any portion thereof can be cancelled with-
out significant adverse effect on the economy, it shall do 
so. 
SEC. 104. TRUST FUND CORPUS RESERVED. 
The corpus of the Trust Fund may be used for no 
other purpose than to fund— 
(1) Employment Opportunity Grants issued 
under title III of this Act, including for job creation 
and training projects directly administered by the 
Secretary pursuant to section 311; 
(2) administrative activities and programs 
under the WIOA that the Secretary determines are 
necessary or useful to achieve the purposes of this 
Act; and 
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(3) administrative expenses reasonably incurred 
by the Secretary to implement and administer pro-
grams and activities authorized under this Act. 
TITLE II—PROGRAM 
ADMINISTRATION 
SEC. 201. IN GENERAL. 
The Secretary shall establish an appropriate adminis-
trative structure within the Department of Labor to ad-
minister the Program. 
SEC. 202. GRANT MANAGEMENT. 
(a) IN GENERAL.—The Secretary shall establish and 
administer an evaluation, approval, and monitoring proc-
ess for Employment Opportunity Grants that is trans-
parent, apolitical, and free of outside influence. 
(b) PROJECT TIMING.—The evaluation and approval 
process shall invite proposals not only for projects that 
are suitable for immediate implementation, but also for 
projects that can be rapidly implemented or expanded in 
the future when unemployment increases precipitously due 
to a recession or other causes. Projects approved for fu-
ture implementation may receive immediate funding to un-
dertake preparatory work necessary for the rapid imple-
mentation of the project when it is needed. 
(c) MONITORING
AND TECHNICAL ASSISTANCE.— 
The performance of grant recipients shall be monitored 
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during as well as at the conclusion of a grant-funded 
project, and technical assistance shall be offered to grant 
recipients, as needed, to help insure the success of their 
grant-funded projects. 
(d) POST-PROJECT REVIEW.—A post-project review 
of the performance of every grant-funded projects shall be 
conducted and documented. 
SEC. 203. OFFICE OF TECHNICAL ASSISTANCE. 
The Secretary shall establish and administer an Of-
fice of Technical Assistance to advise and assist grant re-
cipients and potential grant recipients in the identification 
and adoption of best practices in the design and adminis-
tration of job creation projects, the preparation of grant 
proposals, the satisfaction of Program requirements, and 
the fulfillment of the Program’s purposes. 
SEC. 204. OFFICE OF EDUCATIONAL SUPPORT. 
The Secretary shall establish and administer an Of-
fice of Educational Support to encourage and affirmatively 
assist Program employees who have not yet earned a high 
school diploma or its equivalent to complete his or her sec-
ondary education; and to counsel Program employees con-
cerning post-secondary vocational and academic edu-
cational opportunities. 
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SEC. 205. OFFICE OF ASSISTED PLACEMENT. 
The Secretary shall establish and administer an Of-
fice of Assisted Placement to coordinate the creation and 
operation of Assisted Placement Offices in all one-stop 
centers for the purpose of providing placement services to 
individuals eligible for such services under section 308. 
SEC. 206. OFFICE OF DISPUTE RESOLUTION. 
(a) IN GENERAL.—The Secretary shall establish and 
administer an Office of Dispute Resolution to perform the 
dispute resolution functions described in section 313. 
(b) WHISTLEBLOWER
HOTLINE.—The Secretary 
shall establish and administer both an online and tele-
phone whistleblower hotline for the informal reportage of 
alleged violations of this Act. Provided enough information 
is furnished via the hotline to initiate an investigation, the 
matter shall be referred for appropriate follow up. 
(c) SOUTH
AFRICAN
CCMA COMMENDED
AS 
MODEL.—The rules and procedures adopted by the Sec-
retary for the resolution of disputes within the scope of 
section 313(b) shall be designed to insure a prompt and 
fair resolution of employment disputes in a process that 
is free of cost to the participants and easily navigated by 
all parties. To that end, the Congress commends the ad-
ministrative practices and rules of the South African Com-
mission for Conciliation, Mediation and Arbitration 
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(CCMA) as a model for the dispute resolution system es-
tablished under this section. 
SEC. 207. OFFICE OF STATISTICS AND RESEARCH. 
The Secretary shall establish and administer an Of-
fice of Statistics and Research to provide the public with 
useful information concerning the operations of the Pro-
gram, to provide Program administrators with evidence- 
based guidance to aid them in their work, and to assist 
the Congress in its oversight of the Program. Employing 
rigorous social science methodologies, and with the advice 
and assistance of the Bureau of Labor Statistics where 
appropriate, the Office of Statistics and Research shall— 
(1) collect, tabulate, analyze, and report statis-
tical data on labor market conditions that are rel-
evant to Program operations; 
(2) undertake basic and applied research to 
guide Program administrators in the performance of 
their duties and to track the Program’s success or 
lack thereof in combating various aspects of the 
problem of unemployment and the harmful effects 
associated with the problem of unemployment; 
(3) identify and disseminate information re-
garding best practices in Program design and imple-
mentation; 
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(4) catalogue basic information about each and 
every job creation project or job-training program 
funded by an Employment Opportunity Grant and 
create a permanent and easily accessible archive of 
this information on the Program’s website; 
(5) develop methodologies to estimate and re-
port the revenues and savings generated by the Pro-
gram for various levels of government either directly 
through increased tax revenues or indirectly through 
reductions in other government expenditures; and 
(6) carry out other research tasks in support of 
the Program’s goals. 
SEC. 208. NATIONAL EMPLOYMENT CONFERENCE. 
(a) IN GENERAL.—The Secretary shall convene a na-
tional employment conference not later than 1 year after 
the date of enactment of this Act, and annually thereafter. 
(b) PURPOSE OF CONFERENCE.—The purpose of the 
conference shall be to report on research concerning the 
operations of the Program and its role in addressing var-
ious aspects of the problems of unemployment, to share 
best practices in addressing such problems, and to address 
challenges in the administration of this Act. 
SEC. 209. PROGRAM WEBSITE. 
The Secretary shall establish and administer an inter-
net website to provide the public with information con-
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cerning the Program and to archive information con-
cerning its operations. 
SEC. 210. STAFFING ADMINISTRATIVE FUNCTIONS. 
To the extent reasonably possible, the Secretary shall 
fill positions within the Program’s administrative offices 
with individuals who are eligible for Program employment. 
SEC. 211. WORKFORCE INNOVATION AND OPPORTUNITY 
ACT. 
(a) IN GENERAL.—The Secretary shall make adjust-
ments in the activities and programs administered by the 
Department of Labor under the WIOA as necessary or 
useful to serve the needs of this Act. 
(b) EXPANSION
OF
WORKFORCE
DEVELOPMENT 
BOARDS.—To facilitate the implementation of the adjust-
ments described in subsection (a) at the State and local 
level: 
(1) Section 101(b)(1)(C) of the WIOA (29 
U.S.C. 3111(b)(1)(C)) is amended— 
(A) by striking ‘‘and’’ at the end of sub-
clause (II); 
(B) by inserting ‘‘and’’ at the end of sub-
clause (III); and 
(C) by adding at the end the following: 
‘‘(IV) are not less than 25 per-
cent of the chief executive officers of 
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minority-serving, community-based or-
ganizations;’’. 
(2) Section 107(b)(2)(C) of the WIOA (29 
U.S.C. 3122(b)(2)(A)) is amended by adding at the 
end the following: 
‘‘(iv) shall include not less than 25 
percent of the chief executive officers of 
minority-serving, community-based organi-
zations;’’. 
(3) EFFECTIVE DATE.—The amendments to the 
WIOA set forth in this subsection shall take effect 
as if enacted as part of the WIOA (29 U.S.C. 3101 
et seq.). 
TITLE III—EMPLOYMENT 
OPPORTUNITY GRANTS 
SEC. 301. GRANTS. 
Subject to the availability of funds in the Trust 
Fund, the Secretary shall make grants to eligible entities 
for the purpose of creating— 
(1) employment opportunities for persons eligi-
ble for Program employment in projects designed to 
address community needs and reduce disparities in 
health, housing, education, job readiness, and public 
infrastructure that have impeded these communities 
from realizing their full economic potential; and 
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(2) free-standing job-training programs that 
provide job training, possibly including general edu-
cation, to— 
(A) Program employees pursuant to con-
tractual arrangements between the training 
Program and their employer to provide the Pro-
gram employees with specialized training need-
ed for the performance of their jobs; or 
(B) persons eligible for Program employ-
ment who seek such training rather than imme-
diate employment in order to qualify for a Pro-
gram or non-program job for which they other-
wise would not qualify, provided that cir-
cumstances are such that the training Program 
is justified in providing reasonable assurances 
to the individuals enrolled in it that upon the 
successful completion of their training, they will 
be able to obtain a Program or non-program 
job that utilize their newly acquired skills. 
SEC. 302. ELIGIBLE ENTITIES. 
Entities eligible to receive grants under this section 
shall include— 
(1) departments and agencies of the Federal 
Government with the approval of the Secretary of 
the department or the head of the agency; 
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(2) States, Indian Tribes, units of general local 
government, and urban counties; 
(3) agencies of the entities listed in paragraph 
(2) with the approval of the head of the agency or 
other person with the authority to make such com-
mitments; 
(4) independent or quasi-independent public- 
sector agencies created by any level of government; 
and 
(5) not-for-profit organizations that qualify as 
tax exempt under section 501(c)(1), (3), (5), or (19) 
of the Internal Revenue Code. 
SEC. 303. USE OF FUNDS. 
Grants shall be awarded under this title for the fol-
lowing purposes: 
(1) The construction, reconstruction, rehabilita-
tion, and site improvement of affordable housing and 
public facilities, including improvements in the en-
ergy efficiency or environmental quality of such pub-
lic facilities or housing. 
(2) The provision of human services, including 
childcare, health care, support services for individ-
uals and families with special needs, education, 
after-school and vacation programs for children, and 
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recreational and cultural enrichment programs for 
persons of all ages. 
(3) Programs that provide disadvantaged youth 
with opportunities for employment, education, lead-
ership development, entrepreneurial skills develop-
ment, and training. 
(4) The repair, remodeling, and beautification 
of schools, community centers, libraries, and other 
community-based public facilities, and the aug-
mentation of staffing for the services they provide. 
(5) The restoration and revitalization of aban-
doned and vacant properties to alleviate blight in 
distressed and foreclosure-affected areas. 
(6) The expansion of emergency food programs 
to reduce hunger and promote family stability. 
(7) The augmentation of staffing in Head 
Start, and other early childhood education programs 
to promote school readiness, early literacy, life-long 
learning, and family involvement in their children’s 
education. 
(8) The maintenance, renovation and improve-
ment of parks, playgrounds, and other public spaces. 
(9) Providing labor for non-capital-intensive as-
pects of federally or State-funded infrastructure 
projects. 
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(10) The implementation of environmental ini-
tiatives designed to conserve natural resources, re-
mediate environmental damage, reverse climate 
change, and achieve environmental sustainability. 
(11) The enhancement of emergency prepared-
ness for natural and other community disasters and 
of post-emergency assistance for the victims of disas-
ters. 
(12) The expansion of work-study opportunities 
for secondary and post-secondary students, and the 
creation of ‘‘bridge employment’’ opportunities for 
recent graduates who have been unable to find work 
in the occupations for which they have trained. 
(13) Programs that emulate the Federal art, 
music, theater, and writers projects of the Works 
Projects Administration by providing work for un-
employed writers, musicians, artists, dancers and ac-
tors on projects that are consistent with the public 
service and equality-enhancing objectives of this Act. 
(14) The provision of job training to better 
equip Program employees to perform their program- 
funded jobs or to allow unemployed and under-
employed individuals to obtain employment for which 
they otherwise would not qualify. 
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(15) Other activities analogous to those de-
scribed in paragraphs (1) through (14) that address 
public needs and can be implemented quickly. 
SEC. 304. GRANT CONDITIONS. 
As a condition for receiving a grant under this title, 
a grant applicant must— 
(1) show that it has, to the extent reasonably 
possible, consulted with community-based organiza-
tions, local government officials, and other interested 
parties concerning— 
(A) the needs of the community to be 
served by the project(s) for which it is seeking 
funding; 
(B) the ways in which its proposed project 
would serve those needs; 
(C) how it will coordinate its activities with 
other providers of related services in the com-
munity; and 
(D) how it will engage with local residents, 
community-based organizations, government of-
ficials, and other interested parties on an ongo-
ing basis during the course of the project(s); 
(2) agree to comply with the nondiscrimination 
policy set forth under section 109 of the Housing 
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and Community Development Act of 1974 (42 
U.S.C. 5309); 
(3) with respect to the funds allocated for each 
project funded under the grant— 
(A) allocate not less than 75 percent for 
wages, benefits, and support services such as 
childcare for Program employees and the lim-
ited number of personnel who are permitted to 
be paid from Program funds under the terms of 
the grant even though they are not eligible for 
Program employment; and 
(B) allocate the remaining funds to defray 
the nonlabor costs of the project, including nec-
essary capital goods, supplies, materials, rental 
payments, transportation costs, and other simi-
lar expenses; 
(4) use revenue generated by a project funded 
under the grant (whether in the form of fees paid 
for services provided by the project, reimbursements 
for expenses incurred by the project, or income from 
the sale of goods or services produced by the project) 
to— 
(A) supplement the grant-funded project’s 
budget; or 
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(B) support other projects funded by the 
grant in conformity with the same rules and re-
quirements that apply to the use of grant 
funds; 
(5) agree to return to the Trust Fund any un-
utilized grant monies and any unutilized income re-
ceived from the sale of goods and services produced 
by a grant-funded project; 
(6) ensure that any employment funded under 
the grant complies with sections 305, 306, and 307; 
(7) institute an outreach program with commu-
nity organizations and service providers in low-in-
come communities to provide information about em-
ployment opportunities funded under the grant; 
(8) ensure that not less than 35 percent of indi-
viduals employed under the grant qualify as dis-
advantaged, unless there are insufficient numbers of 
such individuals referable to the project by the local 
one-stop center, in which case the percentage of such 
individuals employed under the grant shall be as 
great as is reasonably possible; 
(9) ensure that all grant-funded projects pro-
vide adequate job training, either in-house by the 
Program employer or by not-for-profit training pro-
grams under contract with the Program employer, to 
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‘‘(e) SECURITY AND OTHER DEFINITIONS.—For pur-
poses of this section— 
‘‘(1) SECURITY.—The term ‘security’ means— 
‘‘(A) any share of stock in a corporation, 
‘‘(B) any partnership or beneficial owner-
ship interest in a partnership or trust, 
‘‘(C) any note, bond, debenture, or other 
evidence of indebtedness, other than a State or 
local bond the interest of which is excluded 
from gross income under section 103(a), 
‘‘(D) any evidence of an interest in, or a 
derivative financial instrument with respect to, 
any security or securities described in subpara-
graph (A), (B), or (C), 
‘‘(E) any derivative financial instrument 
with respect to any currency or commodity in-
cluding notional principal contracts, and 
‘‘(F) any other derivative financial instru-
ment any payment with respect to which is cal-
culated by reference to any specified index. 
‘‘(2) DERIVATIVE
FINANCIAL
INSTRUMENT.— 
The term ‘derivative financial instrument’ includes 
any option, forward contract, futures contract, no-
tional principal contract, or any similar financial in-
strument. 
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