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Title VI Loan Guarantee Program

US Department Of Housing And Urban Development (HUD)

Loans for IHBG borrowers to fund additional construction or repair efforts.

About the Award:

The purpose of the Title VI loan guarantee is to assist IHBG recipients (borrowers) who want to finance additional grant-eligible construction or development at today’s costs. This can be used to create new housing, rehabilitate housing, build infrastructure, construct community facilities, and acquire community land for housing, among other activities.

Example Eligible IAQ Activities:

Development, Rehabilitation, Energy Efficiency, Weatherization, Ventilation

Funding Details:

  • Tribes use IHBG funds to leverage additional funds for larger projects
  • The maximum guarantee amount that a tribe/TDHE can borrow is approximately five times the need portion.
  • Tribes can stretch loan payments to up to 20 years.
Award Type:

Program Highlights:

Tagiugmiullu Nunamiullu Housing Authority (TNHA) used a loan for $6,672,170 to develop 24 affordable houses designed to maximize energy efficiency in this permanently cold climate. [source]

Typical Application Period: Rolling

last modified: 2019-09-17 07:17:41