Grants for workforce and training

Section 1109(b) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3338(b)) is amended— (1) in paragraph (5)(B), by striking and at the end; (2) in paragraph (6), by striking the period at the end and inserting; and; and (3) by adding at the end the following: (7) to make grants to State appraiser certifying and licensing agencies, nonprofit organizations, and institutions of higher education to support the carrying out of education and training activities or other activities related to addressing appraiser industry workforce needs, including recruiting and retaining workforce talent, such as through scholarship assistance and career pipeline development..