# § 12181. Purpose
It is the purpose of this subpart to increase private investment in distressed local communities and to build and expand the capacity of local institutions to better serve the economic needs of local residents through the provision of financial and technical assistance to community development corporations.
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**Source Credit**: (Pub. L. 103–322, title III, § 31111, Sept. 13, 1994, 108 Stat. 1882.)
## Editorial Notes
### Codification
Section was formerly classified to , The Public Health and Welfare, prior to editorial reclassification and renumbering as this section.
## Statutory Notes and Related Subsidiaries
### Short Title
For short title of subtitle K of title III of , which is classified to this part, as the “National Community Economic Partnership Act of 1994”, see , set out as a Short Title of 1994 Act note under .