25 U.S.C. § 4134 — Types of investments
submitted 30 years ago by Pub. L. 104-330 to r/title-25-INDIANS · 112 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Subject to section 4133 of this title and the Indian housing plan* for an Indian tribe*, the recipient for that tribe shall have—
the discretion to use grant amounts for affordable housing* activities through equity investments, interest-bearing loans or advances, noninterest-bearing loans or advances, interest subsidies, leveraging of private investments, or any other form of assistance that the Secretary* has determined to be consistent with the purposes of this chapter; and
the right to establish the terms of assistance.
A recipient 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 II, § 204, Oct. 26, 1996, 110 Stat. 4033.)
- 1996Enacted · Pub. L. 104-330 · 110 Stat. 4033
A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-330 on 1996-10-26.
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