Authorizing and Funding OEO Programs

By letter dated May 4, 1970, Congress requested our opinion as to whether the Office of Economic Opportunity (OEO) can legally fund the Opportunity Funding Corporation (OPC) under Title I-D of the Economic Opportunity Act, as added by section 103 of Public Law 90-222, approved December 3, 1967, 81 Stat. 688, 42 U.S.C. 2763 et. seq. (Supp. V) and whether such funding carries out the intention of the Congress in authorizing and funding OEO programs.