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Native Community Development Financial Institution Relending Demonstration Program
- Currently Closed
Open Date:
7/1/2024
Close Date:
8/9/2024
Upcoming Milestones:
Eligible Recipients:
- Native/Tribal Entities
Program Purpose:
- Housing
Reserved for Energy
Communities?
No
Bureau/Office
Rural Development
Funded by:
U.S. Department of Agriculture
Overview
The Native Community Development Financial Institution (Native CDFI) Relending Demonstration Program is designed to improve homeownership opportunities for Native American Tribes, Alaska Native Communities, and Native Hawaiian Communities in rural areas.
The program provides mortgage lending capital to Native CDFIs through a 33-year loan at one percent interest, with a three-year payment deferral at loan onset.
Related Resources
Additional information is available on the Resources page.Funding Details
Funding Source:
- Annual Appropriation
Funding Type:
Loan Guarantee
Total Amount Available:
Limit per Applicant:
Estimated Awards:
Applicant Guidance
Contact Information
Electronic Applications must be emailed to Brian Hudson