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2026-07-06 10:51:44 -04:00

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LegalText 25 U.S.C. § 4231 Types of investments us united_states_code code_section 25 INDIANS 43 NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION 4231 25 U.S.C. § 4231 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc25@119-100.zip /us/usc/t25/s4231 data/legal/raw/us/code/title-25/usc25.xml cb8800828e17d27efcc67070f45bd8a06dbc927e8124b01d179032a950cffcb3 d4661d83bff6862be548ac8e843ba61e942ed983aade7cf83cb7dbc3dcd08168 0b127a6908ea33dfcb21c1baadf914b5e51a51da4fa784bab58f2e966ffe69b0 2026-07-04 official
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25 U.S.C. § 4231 - Types of investments

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.

(Pub. L. 104330, title VIII, § 812, as added Pub. L. 106568, title II, § 203, Dec. 27, 2000, 114 Stat. 2888, and Pub. L. 106569, title V, § 513, Dec. 27, 2000, 114 Stat. 2982.)

Notes

Editorial Notes

Codification Pub. L. 106568, § 203, and Pub. L. 106569, § 513, enacted identical sections 812 of Pub. L. 104330. This section is based on the text of section 812 of Pub. L. 104330, as added by Pub. L. 106569, § 513.