Title 25 — IndiansRelease 119-73

§4231 Types of investments

Title 25 › Chapter CHAPTER 43— - NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION › Subchapter SUBCHAPTER VIII— - HOUSING ASSISTANCE FOR NATIVE HAWAIIANS › § 4231

Last updated Apr 6, 2026|Official source

Summary

If the rules in section 4230 are met and a housing plan under section 4223 is approved, the Director can use grant money for affordable housing in many ways: equity investments, loans or advances with or without interest, interest subsidies, using private money, or other kinds of help the Secretary allows. The Director also gets to set the terms for that help. The Director may put grant funds into investment securities or other approved obligations if the Secretary agrees.

Full Legal Text

Title 25, §4231

Indians — Source: USLM XML via OLRC

(a)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)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.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification Pub. L. 106–568, § 203, and Pub. L. 106–569, § 513, enacted identical section 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.

Reference

Citations & Metadata

Citation

25 U.S.C. § 4231

Title 25 — Indians

Last Updated

Apr 6, 2026

Release point: 119-73