§4230. Program requirements — Inbound Citations
25 U.S.C. § 4230
Cited by 2 provisions in release 119-102.
Citations to 25 U.S.C. § 4230 as a whole
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(a) Affordable housing activities under this section are activities conducted in accordance with the requirements of section 4230 of this title to—(1) develop or to support affordable housing for rental or homeownership; or(2) provide housing services with respect to affordable housing, through the activities described in subsection (b).
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(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).