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Public and Indian Housing_Indian Loan Guarantee Program


Public and Indian Housing_Indian Loan Guarantee Program

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ELIGIBILITY REQUIREMENTS
    · Functional Categories
        Homebuying, Homeownership
Indian Housing
    · Applicants
        Local (Excludes Institutions Of Higher Education And Hospitals)
Federally Recognized Indian Tribal Governments
Private Nonprofit Institution/Organization (Includes Institutions Of Higher Education, Hospitals)
Other Private Institution/Organization
Native American Organization
    · Applicant Eligibility
        The loan applicant must be a Native American, which includes Alaska Natives, or an Indian Housing Authority including a Tribally Designated Housing Authority (TDHE) or a Tribe which meets certain requirements.
    · Beneficiaries
        Local
Federally Recognized Indian Tribal Governments
Private nonprofit institution/organization
Other private institution/organization
Native American Organizations
    · Beneficiary Eligibility
        The homeowner is the ultimate beneficiary of the program. When the Indian Housing Authority, TDHE or Tribe is the homebuyer, they may then rent the property. In these cases, the person renting the home would be an indirect beneficiary.
    · Credentials/Documentation
        Loan applicants must provide the lender with documentation on eligibility, assets, income, debts and liabilities to show ability to obtain and repay the mortgage loan.

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Public and Indian Housing_Indian Loan Guarantee Program



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