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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 25 - Indians |
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Chapter I - Bureau of Indian Affairs, Department of the Interior |
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SubChapter H - Land and Water |
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Part 170 - Tribal Transportation Program |
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Subpart C - Tribal Transportation Program Funding |
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Flexible Financing |
§ 170.301 - Can a tribe use IRR Program funds to leverage other funds or pay back loans?
Latest version.
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(a) A tribe can use IRR Program funds to leverage other funds.
(b) A tribe can use IRR Program funds to pay back loans or other finance instruments for a project that:
(1) The tribe paid for in advance of the current year using non-IRR Program funds; and
(2) Was included in FHWA-approved IRRTIP.