§170.228. Can a Tribe use TTP funds to leverage other funds or to pay back loans?
25 C.F.R. § 170.228
A Tribe can use TTP funds to leverage other funds.
A Tribe can use TTP funds to pay back loans or other finance instruments (including those provided through an agreement with another Tribe) that were used for a project that:
The Tribe paid for in advance of the current year using non-TTP funds;
Was included in FHWA-approved TTPTIP; and
Was included in the NTTFI at the time of construction.
Notes, amendments, and revision history
Authority
Authority: Pub. L. 112-141, Pub. L. 114-94; 5 U.S.C. 2; 23 U.S.C. 201, 202; 25 U.S.C. 2, 9.
Source
Source: 81 FR 78463, Nov. 7, 2016, unless otherwise noted.