(Washington) – The United States Department of Agriculture Rural Development announced that the USDA is launching two pilot programs to increase affordable home ownership opportunities for people on Tribal lands.
The first of these programs is the Tribal Property Valuation Pilot Program which will provide approved lenders the opportunity to obtain desktop appraisals for mortgage transactions on Tribal land. The second program is the Tribal Rehabilitation Pilot Program which will help people remain in safe and improved housing on Tribal lands and improve their quality of life.
The USDA is making these programs available for approved lenders through the Single Family Housing Guaranteed Loan Program.
