25 U.S. Code § 4231 - Types of investments

(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.


(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.)

Pub. L. 106–568, § 203, andPub. L. 106–569, § 513, enacted identical sections 812 ofPub. L. 104–330. This section is based on the text of section 812 ofPub. L. 104–330, as added by Pub. L. 106–569, § 513.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

25 USCDescription of ChangeSession YearPublic LawStatutes at Large


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