NEWS RELEASE

USDA Launches Pilot Programs to Increase Affordable Homeownership Opportunities for People on Tribal Lands

Funding is Part of Biden-Harris Administration’s Investing in America Agenda

WASHINGTON, July 26, 2023 – U.S. Department of Agriculture (USDA) Rural Development Acting Under Secretary Roger Glendenning today announced that USDA is launching two pilot programs to increase affordable homeownership opportunities for people on Tribal lands.

“Well-built, energy-efficient, affordable housing is essential to the vitality of communities in rural and Tribal America,” Glendenning said. “The assistance I’m announcing today will help people across this nation have the resources they need to build, purchase or repair homes in Tribal communities. The Biden-Harris Administration is committed to ensuring that all Americans have an affordable place they can call home and opportunities to build generational wealth through homeownership.”

USDA is launching the Tribal Property Valuation Pilot Program. It provides approved lenders the opportunity to obtain desktop appraisals for mortgage transactions on Tribal land. This program will help decrease the cost and eliminate potential inaccuracies of appraisal reports completed on properties located on Tribal land.

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