USDA Expands Local Partnerships in Six States to Increase Homeownership Opportunities for Native Americans

U.S. Department of Agriculture (USDA) Rural Development Acting Deputy Under Secretary Lillian Salerno announced the Department is partnering with six Native Community Development Financial Institutions (Native CDFI) to expand homeownership opportunities for Native Americans living on Tribal lands in six states.

“The Biden-Harris Administration and USDA are taking action to ensure everyone has an affordable place to call home,” Acting Deputy Under Secretary Salerno said. “These investments will give people the resources they need to build, purchase or repair homes in Tribal communities, creating the opportunity to build generational wealth through homeownership.”

USDA is providing funding to each institution through the Native CDFI Relending Demonstration Program, which is administered under the Single Family Housing Direct Loan Program.

Read the full article from USDA Rural Development here.