Read the following paragraph and determine if the hypothesis is true:

The Appalachian Regional Commission (ARC) is a United States federal-state partnership that works with the people of Appalachia to create opportunities for self-sustaining economic development and improved quality of life. Congress established ARC to bring the region into socioeconomic parity with the rest of the nation.

pick from the following.
 (1). Yes;
 (2). It's impossible to say;
 (3). No;
Hypothesis: The Appalachian Regional Commission provides loans.



(2).