Grants to or contracts with organizations
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(a) Authorization; purposesThe Secretary is authorized to make grants to, or enter into contracts with, nonprofit organizations for the purpose of enabling such organizations to undertake or support in cities, urban communities, or neighborhoods, projects which the Secretary, in consultation with the Chairman, determines will carry out the purposes of this subchapter and which—
(1)
have substantial artistic, cultural, historical, or design merit,
(2)
represent community or neighborhood initiatives which have a significant potential for conserving or revitalizing communities or neighborhoods, and for enhancing community or neighborhood identity and pride, and
(3)
meet the criteria established jointly by the Secretary and the Chairman pursuant to this section.