25 U.S.C. · Indians
25 U.S.C. § 4231

Types of investments

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. § 4231 — Types of investments

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 VIII - HOUSING ASSISTANCE FOR NATIVE HAWAIIANS Sec. 4231 - Types of investments From the U.S. Government Publishing Office, www.gpo.gov

§4231. Types of investments

(a) In general Subject to section 4230 of this title and an applicable housing plan approved under section 4223 of this title, the Director shall have— (1) the discretion to use grant amounts for affordable housing activities through the use of— (A) equity investments; (B) interest-bearing loans or advances; (C) noninterest-bearing loans or advances; (D) interest subsidies; (E) the leveraging of private investments; or (F) any other form of assistance that the Secretary determines to be consistent with the purposes of this subchapter; and

(2) the right to establish the terms of assistance provided with funds referred to in paragraph (1). (b) Investments The Director may invest grant amounts for the purposes of carrying out affordable housing activities in investment securities and other obligations, as approved by the Secretary.

(Pub. L. 104–330, title VIII, §812, as added Pub. L. 106–568, title II, §203, Dec. 27, 2000, 114 Stat. 2888, and Pub. L. 106–569, title V, §513, Dec. 27, 2000, 114 Stat. 2982.)

Editorial Notes

Codification Pub. L. 106–568, §203, and Pub. L. 106–569, §513, enacted identical sections 812 of Pub. L. 104–330. This section is based on the text of section 812 of Pub. L. 104–330, as added by Pub. L. 106–569, §513.

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