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2021 Native American Homeownership Initiative

Down payment and closing cost assistance for qualifying first time homebuyers.

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Unlock opportunities for Native families through homeownership

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Since 1990, FHLB Des Moines has awarded $142 million in down payment and closing cost assistance to help more than 30,000 families with the purchase of a home.

Through our Native American Homeownership Initiative (NAHI), eligible households may receive up to $15,000 for down payment and closing cost assistance.

NAHI funds available!

On July 1, 2021, FHLB Des Moines added an additional $112,500 in NAHI funds. This funding is available on a first-come, first-serve basis, subject to availability.

Processing Times for Reservations

PROCESSING TIMES FOR DISBURSEMENTS

As a reminder, members must sign an updated Affordable Housing Program Subsidy Agreement for Homeownership Down Payment Products. View other 2021 program changes for in our recent news announcement.

2021 NAHI Funding Schedule

Native American Homeownership Initiative Process

Click on one of the steps below to guide you through the Native American Homeownership Initiative process.

  1. Get Started
  2. Reservation of Funds
  3. Disbursement/Reimbursement of Funds

Already know the process? Find the forms and resources you need here.

Questions? Contact our Community Investment Department at communityinvestment@fhlbdm.com.

Why participate in the Native American Homeownership Initiative?

  • Meet Community Reinvestment Act objectives to serve low- to moderate-income households
  • Provide grants to expand market share or increase penetration in existing markets
  • Improve loan-to-value ratios on mortgage loans
  • Build community goodwill
  • Promote your corporate brand
  • Help families in your community realize their homeownership dreams by providing down payment and closing cost assistance