Anytime there is talk of modernizing legislation, we always worry that our expectations and those of the community will not necessarily line up with those of the government in power.
What I mean by “meaningful modernization” is that the first step has to be understanding what the flaws in the existing act are and, then, figuring out how the act can ensure communities' development and future in a meaningful way. The only way to do that is to make major changes, whether that means changing the regulatory framework associated with part VII or better aligning parts IV and V. Those kinds of changes will affect how federal institutions operate, to be sure. All that to say, the modernization must bring about real change.