[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR1006.235]



[Page 816]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 1006_NATIVE HAWAIIAN HOUSING BLOCK GRANT PROGRAM--Table of Contents

 

                      Subpart C_Eligible Activities

 

Sec.  1006.235  Types of investments.



    Subject to the requirements of this part and to the DHHL's housing 

plan, the DHHL has the discretion to use NHHBG funds for affordable 

housing activities in the form of equity investments, interest-bearing 

loans or advances, noninterest-bearing loans or advances, interest 

subsidies, the leveraging of private investments, and other forms of 

assistance that HUD determines to be consistent with the purposes of the 

Act. The DHHL has the right to establish the terms of assistance 

provided with NHHBG funds.



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