FHLB-NAHI Down Payment Assistance Program Application

The purpose of the Federal Home Loan Bank (FHLB) Native American Homeownership Initiative Grant (NAHI) Down Payment Assistance Program (DPA) is to assist enrolled members of the Ponca Tribe of Nebraska who wish to purchase a home in the State of Nebraska with down payment and closing cost assistance.

To qualify for the FHLB-NAHI DPA Program, an application must be electronically submitted to NPHA. To ensure that your application is processed in a timely manner, all requested documentation is required for submission. This assistance is first come, first served basis.

Before you start this application, be sure to have the following available to upload:

(You will not be able to submit an application without all supporting documentation)

o Tribal Enrollment

o Copy of pre-qualification letter from a lending institution approving applicant for a mortgage/home loan

Applicants requesting assistance shall meet the following criteria:

1. The applicant, whose name will appear on the purchase agreement, must be a member of the Ponca Tribe of Nebraska. Copies of enrollment certification and/or Tribal ID shall be attached as part of the completed application.

2. The property being purchased must be their primary residence and located within the State of Nebraska. Applicants who are purchasing a home on a Native American Reservation within the State of Nebraska will not qualify.

3. Applicants must be a first-time homebuyer. For the purpose of this program and policy, a first-time homebuyer is defined as someone who, with their spouse (if applicable) has not owned a principal residence for three years prior to the purchase of their new primary residence.

4. Applicants must be purchasing the land and the home in order to qualify. Rent-to-own agreements do not qualify.

5. Applicants must be pre-qualified for a mortgage/home loan with a lending institution prior to applying for assistance.

6. Applicant shall successfully complete an NPHA approved homebuyer education course to be eligible to receive assistance.

7. Applicant will be required to live in the home for at least five years after the purchase date or will be subject to repayment of funds.