Native American Homeownership Initiative
Each year, FHLB Des Moines members may receive up to $150,000 through the Native American Homeownership Initiative (NAHI) to provide down payment and closing cost assistance for eligible homeowners. Funds are made available to members on a first-come, first-served basis, subject to availability. Members provide these funds to eligible households in amounts up to $10,000, and are reimbursed by FHLB Des Moines after the closing of the mortgage loan.
The limit of NAHI funds available to members has been increased to $150,000 (as of August 23)