§ 4211. 50-year leasehold interest in trust or restricted lands for housing purposes
(a)
Authority to lease
Notwithstanding any other provision of law, any trust or restricted Indian lands, whether tribally or individually owned, may be leased by the Indian owners, subject to the approval of the affected Indian tribe and the Secretary of the Interior, for housing development and residential purposes.
(b)
Term
Each lease pursuant to subsection (a) of this section shall be for a term not exceeding 50 years.
(c)
Rule of construction
This section may not be construed to repeal, limit, or affect any authority to lease any trust or restricted Indian lands that—
(d)
Self-implementation
This section is intended to be self-implementing and shall not require the issuance of any rule, regulation, or order to take effect as provided in section
705.