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Welcome to the Webinar Todays event will begin at 2:00 PM ET. FIND - - PDF document

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5/30/2018 Welcome to the Webinar Todays event will begin at 2:00 PM ET. FIND OUT MORE ABOUT US: RURALHOME.ORG Follow us on 1 5/30/2018 USDA's Section 538 Guaranteed Program Part I Webinar May 30, 2018 Upcoming USDA's Section 538

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FIND OUT MORE ABOUT US: RURALHOME.ORG

Follow us on

Today’s event will begin at 2:00 PM ET.

Welcome to the Webinar

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Upcoming Events

USDA's Section 538 Guaranteed Program – Part I Webinar May 30, 2018 USDA's Section 538 Guaranteed Program – Part II Webinar June 6, 2018 Section 502 Packaging Certification Liverpool, NY September 25‐27, 2018

Christina Davila – Research Associate Housing Assistance Council Phone: (202) 842‐8600 Email: christinad@ruralhome.org

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Keith Wiley – Research Associate Housing Assistance Council Phone: (202) 842‐8600 Email: keith@ruralhome.org Marvin Ginn Native Community Finance Email: marving@nativecf.org

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EXPANDING ACCESS TO HOMEOWNERSHIP IN INDIAN COUNTRY

Exploring the Challenges and Opportunities

May 23, 2018 2:00 pm ET

AGENDA

Challenges HMDA data findings Federal programs Recommendations Practitioner’s perspective Q&A

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CHALLENGES

  • Poverty and Geographic Isolation
  • Bureaucracy
  • Land Ownership
  • Mistrust
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POVERTY AND GEOGRAPHI C I SOLATI ON

http://trip-suggest.com/united-states/south-dakota/kyle/

BUREAUCRACY

http://www.cartoonaday.com/rube-goldberg-machine-cartoon/

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LAND OW NERSHI P

http://www.valuationarticles.com/Residential-Appraisal/3-Appraising-Homes-on-Tribal-Land.html

M I STRUST

https://www.peaceproject.com/clearance/honor-native-treaty-rights-bumper-sticker-decal-875-x-225

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M ORTGAGE LENDI NG TRENDS

Under 1,000 mortgage loans are made on reservations annually Nearly half of mortgage loan applications on reservations are denied annually Almost one-fifth of homes on reservations are manufactured homes Two of the 20 largest-volume lenders on reservations are Native-owned institutions

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TW O LENDER TYPES STAND OUT

  • Manufactured Home Lenders
  • Native-owned Banks
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FEDERAL PROGRAM S

HUD VA USDA

HUD

  • Indian Housing Block Grant
  • 184 Loan
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VETERANS AFFAI RS

  • Home Loan Guarantee
  • Native American Direct Loan
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USDA-RD

  • 502 Loan Guarantee
  • 502 Direct Home Loan

RECOM M ENDATI ONS

Education Capacity

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I M PROVE EDUCATI ON

  • Borrowers
  • Lenders
  • Stakeholders

I NCREASE CAPACI TY

  • Lenders
  • Nonprofits and CDFIs
  • BIA’s Land Titles and Records Offices
  • Tribes
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PRACTI TI ONER’S PERSPECTI VE

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CONTACT I NFORM ATI ON

HOUSING ASSISTANCE COUNCIL Christina Davila Phone: (202) 842-8600 Email: christinad@ruralhome.org Keith Wiley Phone: (202) 842-8600 Email: keith@ruralhome.org NATIVE COMMUNITY FINANCE Marvin Ginn Phone: (505) 552-7050 Email: marving@nativecf.org