Title 25, IndiansRelease 119-110
§4231 Types of Investments
Title 25 › CHAPTER 43 — NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION › SUBCHAPTER VIII — HOUSING ASSISTANCE FOR NATIVE HAWAIIANS › § 4231
Summary
As allowed by section 4230 and by a housing plan approved under section 4223, the Director can use grant money for affordable housing. The Director may provide equity, make loans with or without interest, pay interest subsidies, attract private investments, or use other help the Secretary approves, set the terms, and invest grant money in securities or other approved obligations.
Full Legal Text
Title 25, §4231
Indians, Source: USLM XML via OLRC
(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.
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
Sep 22, 2026
Release point: 119-110