13 CFR § 307.1 - Purpose.

---
identifier: "/us/cfr/t13/s307.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "13 CFR § 307.1 - Purpose."
title_number: 13
title_name: "Business Credit and Assistance"
section_number: "307.1"
section_name: "Purpose."
chapter_name: "ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE"
part_number: "307"
part_name: "ECONOMIC ADJUSTMENT ASSISTANCE INVESTMENTS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 3211; 42 U.S.C. 3149; 42 U.S.C. 3161; 42 U.S.C. 3162; 42 U.S.C. 3233; Department of Commerce Organization Order 10-4."
regulatory_source: "71 FR 56675, Sept. 27, 2006, unless otherwise noted."
cfr_part: "307"
---


# 307.1 Purpose.

The purpose of Economic Adjustment Assistance Investments is to address the needs of communities experiencing adverse economic changes that may occur suddenly or over time, including those caused by:

(a) Military base closures or realignments, defense contractor reductions in force, or U.S. Department of Energy defense-related funding reductions;

(b) Federally Declared Disaster;

(c) International trade;

(d) Long-term economic deterioration;

(e) Loss of a major community employer; or

(f) Loss of manufacturing jobs.

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]