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25 U.S.C. § 4231

Title 25 Chapter 43 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
Sections in this chapter

§ 4231. Types of investments

  • (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.

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