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CDFI FUND AWARDS $400,000 TO NPH THROUGH THE NATIVE AMERICAN CDFI ASSISTANCE PROGRAM (NACA)

NPH was notified by the Dept. of Treasury they were approved to receive a grant of $400,000 to support the capitalization of the NPH Loan Fund.  NPH typically uses these funds to provide downpayment assistance to Native households typically in the form of a second mortgage.  These funds substantially assist Native households with access to first mortgage credit and enable Native families to buy or rehabilitate their homes.