§ 4236. Allocation formula
(a)
Establishment
The Secretary shall, by regulation issued not later than the expiration of the 6-month period beginning on December 27, 2000, in the manner provided under section
4227 of this title, establish a formula to provide for the allocation of amounts available for a fiscal year for block grants under this subchapter in accordance with the requirements of this section.
(b)
Factors for determination of need
The formula under subsection (a) of this section shall be based on factors that reflect the needs for assistance for affordable housing activities, including—
(1)
the number of low-income dwelling units owned or operated at the time pursuant to a contract between the Director and the Secretary;
(c)
Other factors for consideration
In establishing the formula under subsection (a) of this section, the Secretary shall consider the relative administrative capacities of the Department of Hawaiian Home Lands and other challenges faced by the Department, including—