§ 4134. Types of investments

223 words·~1 min read·/usc/title-25/section-4134

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(a)In general Subject to section 4133 of this title and the Indian housing plan for an Indian tribe, the recipient for that tribe shall have—

(1)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

(2)the right to establish the terms of assistance.

(b)Investments 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.

(Pub. L. 104–330, title II, § 204, Oct. 26, 1996, 110 Stat. 4033.)

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statutes-at-large

Public Law 104–330
To provide Federal assistance for Indian tribes in a manner that recognizes the right of tribal self-governance, and for other purposes

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U.S. Code

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Pub. L. 104–330, title II, § 204
110 Stat. 4033
Pub. L. 104–330
110 Stat. 4016
section 107 of Pub. L. 104–330

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§ 4134

Types of investments

Stat.×1

U.S.C.§ 4133

U.S.C.§ 4101

Pub. L.Pub. L. 104–330, title II, § 204

Stat.110 Stat. 4033

Pub. L.Pub. L. 104–330

Stat.110 Stat. 4016

Pub. L.section 107 of Pub. L. 104–330

Cites 7Cited by 1 across 1 source