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Native American Homeownership Initiative (NAHI)

We are offering the Native American Homeownership Initiative (NAHI) grant program up to $25,000 though FHLB Des Moines District. This program is for qualifying Native American, Alaska Native, or Native Hawaiian households, purchasing a home.

Details

  • Down Payment Assistance TypeGrant
  • Down Payment Assistance Amount Up To25000
  • Area Median Income (AMI)80%

Eligible Property Types

  • Single Family Home

Down Payment Assistance Amount (Explanation)

Forgivable after 5 years primary residency

Funds can be used for:

  • Down Payment
  • Closing Cost

Area Median Income (AMI) (Explanation)

AMI as published by HUD or NAHASDA at time of enrollment

Homebuyer Education Requirement Option(s)

  • Home Stretch

Occupancy Type

  • Primary Home

Financial Instution

Frandsen Bank & Trust

Role

Loan Officer

Disclosures

Grants are available on a first-come, first-served basis to eligible members that have executed a Down Payment Subsidy Agreement.

Location

3585 Hwy 61 N, Vadnais Heights, MN 55110, USA

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    Native American Homeownership Initiative (NAHI)

    Native American Homeownership Initiative (NAHI)

    Lance Elliott | Frandsen Bank & Trust | Loan OfficerLance Elliott | Frandsen Bank & Trust | Loan OfficerLance Elliott | Frandsen Bank & Trust | Loan Officer
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