HUBZone and National Defense Authorization Act for Fiscal Year 2016 Amendments

The Small Business Administration (SBA) is making changes to its regulations to implement Section 866 the National Defense Authorization Act for Fiscal Year 2016. Section 866 of NDAA FY 2016 authorized Native Hawaiian Organizations (NHOs) to own HUBZone small business concerns; Expanded the definition of “base closure area” under the HUBZone Program; and authorized the Inclusion of “qualified disaster areas” under the HUBZone Program.