25 U.S.C. § 4231 — Types of investments

FEDERAL · 25 U.S.C. · Chapter SUBCHAPTER VIII—HOUSING ASSISTANCE FOR NATIVE HAWAIIANS

Types of investments

25 U.S.C. § 4231

ChapterSUBCHAPTER VIII—HOUSING ASSISTANCE FOR NATIVE HAWAIIANS

This text of 25 U.S.C. § 4231 (Types of investments) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

25 U.S.C. § 4231.

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 ob

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(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

History

(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.

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Bluebook (online)

25 U.S.C. § 4231, Counsel Stack Legal Research, https://law.counselstack.com/usc/25/4231.

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Source Credit

History

Editorial Notes

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