Purposes
Title II — Secured loans and loan guarantees for parks and recreation infrastructure development
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The purposes of this title are— (1) to promote increased development of parks and recreation infrastructure by establishing additional opportunities for financing parks and recreation projects; (2) to attract new investment capital to infrastructure projects that are capable of generating revenue streams through user fees or other dedicated funding sources; (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.