2021 US Code
Title 25 - Indians
Chapter 43 - Native American Housing Assistance and Self-Determination
Subchapter VIII - Housing Assistance for Native Hawaiians
Sec. 4231 - Types of investments

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Citation 25 U.S.C. § 4231 (2021)
Section Name §4231. Types of investments
Section Text (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.

Source Credit

(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 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.

Publication Title United States Code, 2018 Edition, Supplement 3, Title 25 - INDIANS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 25 - INDIANS
CHAPTER 43 - NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION
SUBCHAPTER VIII - HOUSING ASSISTANCE FOR NATIVE HAWAIIANS
Sec. 4231 - Types of investments
Contains section 4231
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law No
Disposition standard
Statutes at Large References 114 Stat. 2888, 2982
Public Law References Public Law 104-330, Public Law 106-568, Public Law 106-569
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