Tribal Housing Activities Loan Guarantee Program
Detailed information about this program is below:
Category | Information About This Specific Program |
---|---|
Title | U.S. Department of Housing and Urban Development Tribal Housing Activities Loan Guarantee Program (Title VI), Catalogue of Federal Domestic Assistance Number 14.869 |
Purpose | The purpose of the Title VI loan guarantee is to provide assistance to sources of private financing to Indian Housing Block Grant recipients that want to finance additional grant-eligible affordable housing and related community development projects. |
Type of Assistance | Loan Guarantee |
Eligible Applicants | Eligible Title VI borrowers are recipients of the Indian Housing Block Grant. |
Eligible Activities | Title VI is used to finance affordable housing activities that are eligible under Indian Housing Block Grant. These include new or rehabilitated housing, infrastructure, housing assistance and services, crime prevention and safety, architectural and engineering services, financing costs and approved model activities that have included community facilities and warehouses. |
Excluded Activities/Other Restrictions | |
Pre-Funding Requirements (if applicable) | An environmental impact assessment may be required. |
Typical Award Amount (if applicable) | There is no minimum loan amount. The maximum loan that can be guaranteed is five times the “need portion” of the Tribe’s annual Indian Housing Block Grant. A Tribe or Tribally designated housing entity may have one or more Title VI loans, but the combined total may not exceed the maximum guaranteed amount. |
Total Awarded Fiscal Year 2022 (if applicable) | $304,901,000 |
Match Requirement (if applicable) | None |
Solicitation Process/Timeline | The requests are “first come, first served.” There is no application deadline for Title VI, and the guarantee is not competitive. |
Proposal Elements/Scoring Criteria | The guarantee is not competitive and applications are not scored. |
Contact Information (primary contact and website or other source) |
Tribal Housing Activities Loan Guarantee Program (Title VI) Contacts Tribal Housing Activities Loan Guarantee Program (Title VI) Website |
Website Information about Successful Tribal Applicants/Projects | Title VI Success Stories website |