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