NEHEMIAH HOUSING OPPORTUNITY FUND.

SEC. 609. NEHEMIAH HOUSING OPPORTUNITY FUND. (a) Establishment.— There is established in the Treasury of the United States a revolving fund, to be known as the Nehemiah Housing Opportunity Fund. The Fund shall be available to the Secretary, to the extent approved in appropriation Acts, for purposes of providing assistance under section 603. (b) Assets.— The Fund shall consist of— (1) any amount appropriated under section 612; (2) any amount received by the Secretary under section 604(b)(4); and (3) any amount received by the Secretary under subsection (c). (c) Administration.— Any amount in the Fund determined by the Secretary to be in excess of the amount currently required to carry out the provisions of this title shall be invested by the Secretary in obligations of, or obligations guaranteed as to both principal and interest by, the United States or any agency of the United States.