Native Homeownership Geographic Priority Additional Criteria Program Area: Rural & Native American – Native Homeownership Providing decent, affordable housing is one of the most important challenges The Native Homeownership facing tribal leadership today. Homeownership is not new to tribal The Rural and Native grants are only environments, but the rate of homeownership on tribal lands lags behind the American Initiative available to national average of 63 percent. The advantages of homeownership include will serve CDCs and organizations the ability to build wealth as equity in the home and secure housing now and CHDOs located serving Native for the future at a predictable monthly cost. across the nation. American Populations with a Enterprise will support organizations to develop or expand homeownership defined mission programs that promote responsible homeownership or for participation and that includes development of state or regional tribal homeownership coalitions with the affordable housing goals of increasing the level of homeownership among Native Americans on including Tribes, and off reservations through Section 184 HUD loans, Section 502 RD loans, VA Tribally Designated loans and HFA funding. Housing Entities (TDHEs) or Tribal Common examples, but not an exhaustive list, of activities that Enterprise Housing may fund under this Program Area include: Authorities (THAs). Staff time to implement homebuyer education, credit counseling, homebuyer readiness, pre and post purchase counseling, etc. education and curriculum. Market homeownership opportunities and develop expertise in mortgage finance programs. Mortgage delinquency and default resolution: This includes guidance on restructuring debt and methods to avoid default and mortgage foreclosure. Certification for USDA RD 502 direct underwriting and packaging. Implementation of the HEARTH Act for the tribe. Information Sessions: Enterprise Rural and Native American Initiative will hold a Q & A webinar on Thursday, May 11 at 3:00 PM EDT to review program areas. To register, click Grants & Contracts Management will hold a general information session for applicants on May 10, 2017 from 2:00 – 3:30 pm EDT. To register, .
Native Homeownership Program Area: Rural & Native American – Native Homeownership Geographic Priority Additional Criteria Providing decent, affordable housing is one of the most important challenges facing tribal leadership today. Homeownership is not new to tribal environments, but the rate of homeownership on tribal lands lags behind the national average of 63 percent. The advantages of homeownership include the ability to build wealth as equity in the home and secure housing now and for the future at a predictable monthly cost. Enterprise will support organizations to develop or expand homeownership programs that promote responsible homeownership or for participation and development of state or regional tribal homeownership coalitions with the goals of increasing the level of homeownership among Native Americans on and off reservations through Section 184 HUD loans, Section 502 RD loans, VA loans and HFA funding. Common examples, but not an exhaustive list, of activities that Enterprise may fund under this Program Area include: Staff time to implement homebuyer education, credit counseling, homebuyer readiness, pre and post purchase counseling, etc. education and curriculum. Market homeownership opportunities and develop expertise in mortgage finance programs. Mortgage delinquency and default resolution: This includes guidance on restructuring debt and methods to avoid default and mortgage foreclosure. Certification for USDA RD 502 direct underwriting and packaging. Implementation of the HEARTH Act for the tribe. The Rural and Native American Initiative will serve CDCs and CHDOs located across the nation. The Native Homeownership grants are only available to organizations serving Native American Populations with a defined mission that includes affordable housing including Tribes, Tribally Designated Housing Entities (TDHEs) or Tribal Housing Authorities (THAs). Information Sessions: Enterprise Rural and Native American Initiative will hold a Q & A webinar on Thursday, May 11 at 3:00 PM EDT to review program areas. To register, click Grants & Contracts Management will hold a general information session for applicants on May 10, 2017 from 2:00 – 3:30 pm EDT. To register, .