Enterprise Development Act of 1981

[AI summary unavailable — showing source text] Enterprise Development Act of 1981 - Title I: Public Works and Economic Development - Amends the Public Works and Economic Development Act of 1965 to rename it the Public Works and Economic Development Act. Declares that the purpose of such Act is to provide special economic development and adjustment assistance programs to help State and local areas with actual or threatened severe unemployment resulting from economic dislocation. Authorizes the Secretary of Commerce to make grants directly to any eligible recipient (a redevelopment area or economic development district established under such Act, an Indian tribe, a State, a city, or other political subdivisions of a State) in an area which has an expected rise in unemployment or other economic adjustment problems or which has demonstrated long-term economic deterioration for economic adjustment assistance, including: (1) public facilities; (2) public services; (3) business development; (4) planning; (5) unemployment compensation; (6) rent supplements; (7) mortgage payment assistance; (8) research; (9) technical assistance; (10) training; and (11) relocation of individuals and businesses. Requires recipients of financial assistanc…