On Thursday, June 23, 2022, NCN hosted an action-focused webinar regarding the Native American Rural Homeownership Improvement Act of 2021 (S. 2092) with examples of how it could strengthen the USDA Section 502 Home Loan Program. Panelists included Lakota Vogel, ED of Four Bands Community Fund in South Dakota who participated in a pilot project offering USDA 502 loans in their community and the successful outcomes that resulted. Tonya Plummer, ED of Montana Native Growth Fund, shared examples of how her organization has met barriers to providing mortgage loans to potential homebuyers and share the value that the USDA Section 502 HLP would bring to her community. Congressional staff representing bill co-sponsors U.S. Senator Mike Rounds (SD) and U.S Senator Tina Smith (MN) presented an overview of S. 2092 and engaged in a dialogue with attendees about how to get the legislation across the finish line.
For an overview of Native American Rural Homeownership Improvement Act of 2021 (S. 2092, H.R. 6331) click here.
View the session video in its entirety below.