Relating to economic development; requiring the commissioner of +employment and economic development (DEED) to invest in long term loans to qualified+ business development organizations serving and located in communities outside +the metropolitan area to provide capital for business lending and +investment by the organizations; specifying certain organization loan eligibility +qualification requirements and authorized investments, subjecting the investments +to certain investment agreement requirements; requiring the commissioner to +establish an investment fund, requiring investment funds repayment for subsequent reinvestment purposes (mk)