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Affordable Housing Program

Calculating Income Question & Answer



Community Investment: AHP, Native American Homeownership Initiative


2009 Native American Homeownership Initiative

On January 2, 2009, FHLB Des Moines announced the allocation of $1 million of its annual Affordable Housing Program contribution to members to help eligible households purchase single family owner-occupied properties in Native American Service Areas.  If you have any questions about the program, please contact Evelyn Bengtson at 800.544.3452, ext. 1064.

2009 Native American Homeownership Initiative Forms

Document Type
(Word or PDF)

Checklist for a Successful NAHI Program Word PDF
Program Guidelines Word PDF
Definitions and Acronyms Word PDF
Enrollment Form Word PDF
Commitment Form Word PDF
Certification & Draw Request Form Word PDF
Instructions for Completing the Certification & Draw Request Form (Deed Restriction) Word PDF

NAHI Retention Agreement
For use on Tribal lands

Word  

Please see the AHP Homeownership Forms page for additional resources, documents and forms for this program. This includes:

  • Retention Agreement (Deed Restriction) for loans not made on Tribal lands
     

  • Subordination Agreement for subordination of Retention Agreement
     

  • Income Determination Guidelines for Owner Occupied Projects and Calculation of Income Worksheet for calculation and certification of borrower household income
     

  • Forms for recapture of subsidy

Income Guidelines and Purchase Price Limits

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