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Section 184 Indian Home Loan Guarantee Program
URI:
https://gptkb.org/entity/Section_184_Indian_Home_Loan_Guarantee_Program
GPTKB entity
Statements (30)
Predicate
Object
gptkbp:instanceOf
federal loan program
gptkbp:administeredBy
gptkb:U.S._Department_of_Housing_and_Urban_Development
gptkbp:applicableStates
states with federally recognized tribes
gptkbp:appliesTo
allotted land
fee simple land
off-reservation land
trust land
gptkbp:dateEnacted
gptkb:Housing_and_Community_Development_Act_of_1992
gptkbp:downPaymentRequirement
1.25% for loans under $50,000
2.25% for loans over $50,000
gptkbp:guaranteeCoverage
100% of the unpaid principal and interest
gptkbp:guarantees
mortgage loans
https://www.w3.org/2000/01/rdf-schema#label
Section 184 Indian Home Loan Guarantee Program
gptkbp:maximumLoanAmount
varies by county
gptkbp:mortgageInsurance
required
gptkbp:mortgageInsuranceFee
0.25% annual
1.5% upfront
gptkbp:purpose
increase access to mortgage financing for Native Americans
gptkbp:targetAudience
gptkb:American_Indian_and_Alaska_Native_families
tribally designated housing entities
tribes
gptkbp:targetUser
rehabilitation
single-family home loans
purchase
new construction
refinancing
gptkbp:website
https://www.hud.gov/program_offices/public_indian_housing/ih/homeownership/184
gptkbp:bfsParent
gptkb:Native_American_Housing_Assistance_and_Self-Determination_Act_of_1996
gptkb:Office_of_Native_American_Programs
gptkbp:bfsLayer
6