25 U.S.C. · Indians
25 U.S.C. § 4193

Payment of interest

Ch. 43 — NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION
Title 25 U.S.C. ● ACTIVE Primary Source Ch. 43
Statutory Text

25 U.S.C. § 4193 — Payment of interest

U.S.C. Title 25 - INDIANS 25 U.S.C. United States Code, 2023 Edition Title 25 - INDIANS CHAPTER 43 - NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION SUBCHAPTER VI - FEDERAL GUARANTEES FOR FINANCING FOR TRIBAL HOUSING ACTIVITIES Sec. 4193 - Payment of interest From the U.S. Government Publishing Office, www.gpo.gov

§4193. Payment of interest

The Secretary may make, and contract to make, grants, in such amounts as may be approved in appropriations Acts, to or on behalf of an Indian tribe or housing entity issuing notes or other obligations guaranteed under this subchapter, to cover not to exceed 30 percent of the net interest cost (including such servicing, underwriting, or other costs as may be specified in regulations of the Secretary) to the borrowing entity or agency of such obligations. The Secretary may also, to the extent approved in appropriations Acts, assist the issuer of a note or other obligation guaranteed under this subchapter in the payment of all or a portion of the principal and interest amount due under the note or other obligation, if the Secretary determines that the issuer is unable to pay the amount because of circumstances of extreme hardship beyond the control of the issuer.

(Pub. L. 104–330, title VI, §603, Oct. 26, 1996, 110 Stat. 4047.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective Oct. 26, 1996, see section 606 of Pub. L. 104–330, set out as a note under section 4191 of this title.

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC25-SEC-F49DC0
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
25 U.S.C. § 4193
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
7a25b2f1e82ccd01...
Semantic Edges
Pending — corpus passes queued
The statutory text of 25 U.S.C. § 4193 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 25
◈ Provenance
boisestandard.org United States Law U.S. Code Title 25 25 U.S.C. § 4193