NOTICE! Office of Loan Guarantee Issues FY 2019 Year-End Closeout Date
To meet Federal Government guidelines, the Office of Loan Guarantee will stop issuing new case numbers, cohort numbers, loan guarantee certificates, correction requests and loan guarantee claims after 11:59 PM Eastern Daylight Time on Wednesday, September 18, 2019. The Office of Loan Guarantee will begin to process new requests after FY 2020 funding has been made available to these accounts. Programs affected include: Section 184 Indian Home Loan Guarantee (Section 184) program, the Section 184A Native Hawaiian Housing Loan Guarantee (Section 184A) program, and the Tribal Housing Activities Loan Guarantee program (Title VI).
Contact: Krisa M. Johnson at (202) 402-4978. Persons with hearing or speech impairments may access their Area Office of Native American Programs via TTY by calling the Federal Information Relay Service at (800) 877-8339.
Program Guidance 2019-03: Recent Changes to the federal Micro-Purchase and Simplified Acquisition Thresholds
This guidance informs Indian Tribes and Tribally Designated Housing Entities about increases to the micro-purchase and simplified acquisition thresholds for programs involving Federal funds.
Notice of Funding Availability- Indian Housing Block Grant Competitive Grant Program
HUD published the Notice of Funding Availability (NOFA) for the Indian Housing Block Grant (IHBG)-Competitive Grants Program. This NOFA announces the availability of $198 million for competitive grants to Indian tribes and tribally designated housing entities eligible to receive IHBG funding under the Native American Housing Assistance and Self-Determination Act of 1996, as amended (25 U.S.C. 4101 et seq.). Applications are due August 8, 2019.
Locate and read the Dear Tribal Leader letter here.
Total Development Costs (TDC) for Affordable Housing under the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA)
PIH-2019-19 and Attachment: This Notice supersedes Notice PIH 2010-47, same subject, dated November 19, 2010, and all the Notices extending that Notice, up to and including PIH-Notice 2016- 07, dated May 4, 2016. This Notice transmits the updated schedule for the maximum amount of funds that may be used for affordable housing under NAHASDA based on Marshall Valuation Service, Marshall & Swift/Boeckh, LLC and RSMeans Residential Cost Data for 2019. The requirement for the development and implementation of these limits is found at 24 CFR §§1000.156 through 1000.162 of the Indian Housing Block Grant regulations.
Section 184 Indian Home Loan Guarantee Program Updates
The Office of Native American Programs, Office of Loan Guarantee is please to announce:
- Cherokee Nation Indian Area for Section 184 Expanded to Include Four Counties in Arkansas
- Revised Maximum Loan Limits to Include Arkansas
- Updated Lender Application
Determining and Using Program Income Under NAHASDA
PIH 2019-07– This notice replaces PIH Notice 2000-18 and provides guidance for determining and using program income generated by the use or disbursement of Indian Housing Block Grant (IHBG) funds.
HUD develops income limits based on Median Family Income estimates and Fair Market Rent area definitions for each metropolitan area, parts of some metropolitan areas, and each non-metropolitan county. The Department of Housing and Urban Development (HUD) sets income limits that determine eligibility for assisted housing programs. Access the complete data set and documentation at: https://www.huduser.gov/portal/datasets/il.html
Secretary Carson chairs the White House Opportunity and Revitalization Council which oversees the development and progress of the Opportunity Zones program. He is requesting feedback from Tribal leadership on recommendations that HUD can take to encourage investment in Opportunity Zones. Read the full letter HERE.
This guidance is to inform tribes and tribally designated housing entities (TDHE) that the Federal Government no longer accepts checks, wire transfers, or credit cards for repayment of Federal debt; instead, any repayment of Federal funds must be made through Pay.gov ⸺ a secure, online system operated by the U.S. Treasury. This guidance provides the step-by-step procedure for making a repayment to the U.S. Treasury and replaces Program Guidance 2010-03. Click Here to read in full.
USDA Launches Interactive Data Tool to Help Rural Communities Address the Opioid Crisis
The United States Dept. of Agriculture (USDA) Rural Development has launched an interactive data tool to help community leaders build grass-roots strategies to address the opioid epidemic. Opioid addiction poses a monumental challenge for rural communities across the country, but especially in small, rural communities with limited resources. With the launch of this new tool, USDA is helping communities develop data-driven solutions to the opioid crisis. The Opioid Misuse Community Assessment Tool enables users to overlay substance misuse data against socioeconomic, census, and other public information. This data will help leaders, researchers, and policymakers assess what actions will be most effective in addressing the opioid crisis at the local level. The tool is free and available to the public. For more information, visit: https://www.usda.gov/topics/opioids.
The Center for Indian Country Development’s Tribal Leaders Handbook on Homeownership provides detailed examples, case studies, checklists, and information on developing affordable homeownership in Indian Country. This essential guide provides information on new mortgage programs (government and private), the new kinds of lenders (loan funds, Native CDFIs), and the new energies that are transforming Indian housing. Download a copy HERE.
Home assessments can help make homes healthier. Checklist covers the major contributors to asthma and allergies, with suggested action items that are generally simple and low cost. Download a copy HERE.
HomeReady – Fannie Mae’s Low Down Payment Mortgage Product
Fannie Mae’s low down payment mortgage product. HomeReady can be used on tribal trust land on Indian reservations, pursuant to an agreement between Fannie Mae, the tribe and the lender. Ideal HomeReady borrowers:
- Have low to moderate income
- Are first-time or repeat homebuyers
- Have limited cash for down payment
- Have a credit score ≥ 620; borrowers with credit scores ≥ 680 may get even better pricing
- Have supplemental boarder or rental income
- Are looking to purchase or refinance
For further information, contact:
Single Family Rural Housing | Duty to Serve