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NAHASDA

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AcronymDefinition
NAHASDANative American Housing Assistance and Self-Determination Act of 1996


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By the time NAHASDA passed in 1996, Gauthier said quite a bit of progress had been made on the Indian housing front.
With NAHASDA allowing tribes more control over their operations, tribes are creating housing partnerships with lenders; bringing banking institutions to reservations and establishing their own financial institutions; educating tribal members about credit, saving, homebuying and banking practices; and trying to reduce communication and confidence gaps among cultures.
One homebuyer's financing package included a first deed of trust from AHFC, a second from Rural Development, a grant of NAHASDA funds, as well as a Federal Home Loan Bank grant of $20,000.
 
 
 
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