U.S. Code » Title 25 » Chapter CHAPTER 43— NATIVE AMERICAN HOUSING ASSISTANCE AND SELF-DETERMINATION › Subchapter SUBCHAPTER II— AFFORDABLE HOUSING ACTIVITIES › Part Part A— General Block Grant Program

25 U.S.C. § 4134

Types of investments

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(a) In generalSubject 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.)Editorial NotesReferences in Text

This chapter, referred to in subsec. (a)(1), was in the original “this Act”, meaning Pub. L. 104–330, Oct. 26, 1996, 110 Stat. 4016, known as the Native American Housing Assistance and Self-Determination Act of 1996. For complete classification of this Act to the Code, see Short Title note set out under section 4101 of this title and Tables.

Statutory Notes and Related SubsidiariesEffective Date

Section effective Oct. 1, 1997, except as otherwise expressly provided, see section 107 of Pub. L. 104–330, set out as a note under section 4101 of this title.

Notes of Decisions
Cited in 3 cases, 2011–2012 · leading case: Muscogee (Creek) Nation Division of Housing v. United States Department of Housing & Urban Development
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Muscogee (Creek) Nation Division of Housing v. United States Department of Housing & Urban Development (2012) ca10 · cites it 3× “” 25 U.S.C. § 4134 (b). The Secretary referred to in this statute is the Secretary of the Department of Housing and Urban Development, which is the agency responsible for administering NAHASDA.”
Petrella ex rel. N.P. v. United States Department of Housing & Urban Development (2012) ca10 · cites it 3× “” 25 U.S.C. § 4134 (b). The Secretary referred to in this statute is the Secretary of the Department of Housing and Urban Development, which is the agency responsible for administering NAHASDA.”
Muscogee (Creek) Nation Division of Housing v. United States Department of Housing & Urban Development (2011) oked · cites it 3× “See, 204(b) of NAHASDA; 25 U.S.C. § 4134 (b). Therefore, according to Defendants, Plaintiffs challenge to HUD’s exercise of that discretion is excluded from the APA’s waiver of sovereign immunity.”
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