To amend the Public Works and Economic Development Act of 1965 and the Appalachian Regional Development Act of 1965.

[AI summary unavailable — showing source text] Title I: National Development Investment - Public Works and Economic Development Act Amendments of 1989 - Amends the Public Works and Economic Development Act of 1965 to cite such Act as the National Development Investment Act and to revise the emphasis of such Act from primary Federal initiative to coordination of investments between the public and the private sectors. Authorizes the Secretary of Commerce to make development investment assistance grants to qualified applicants for: (1) constructing and improving public facilities; (2) revolving loan funds; and (3) employee stock ownership plans. Authorizes the Secretary to provide technical assistance for improving and enhancing economic development. Describes qualified applicants as States, distressed local governments, economic development districts, economic development organizations, and Indian tribes. Describes a distressed local government as one with a population under 50,000 that is located outside an economic development district. Requires an application for a grant under this Act to include: (1) a certification that the area concerned meets certain distress requirements; (2) a certification relative to performance of any…