HBCU Equity Fund; create.

An Act To Create The Hbcu Equity Fund To Eliminate Documented Equity Gaps In Operating Funding, Address Deferred Maintenance And Capital Needs, And Support Academic Programs, Research Capacity And Student Services; To Provide For Distribution Of Funds; To Require The Board Of Trustees Of State Institutions Of Higher Learning To Conduct A Biennial Facilities Assessment Of All Public Hbcs And Disburse Monies Accordingly; To Provide For Competitive Grants; To Provide Appropriate Sources Of Monies For The Fund; And For Related Purposes.