HUD Announces 2016 Tribal Housing Grants – NMP Skip to main content

HUD Announces 2016 Tribal Housing Grants

Feb 17, 2016
The U.S. Department of Housing & Urban Development (HUD) is disbursing more than $660 million to 587 Native American tribes in 35 states as part of the annual Indian Housing Block Grant (IHBG) allocations

The U.S. Department of Housing & Urban Development (HUD) is disbursing more than $660 million to 587 Native American tribes in 35 states as part of the annual Indian Housing Block Grant (IHBG) allocations. The amount of each grant is based on a formula that considers local needs and housing units under management by the tribal authority or a designated entity.

“The Indian Housing Block Grant program is the single, largest source of affordable housing assistance in Native American communities,” said HUD Principal Deputy Assistant Secretary Lourdes Castro Ramírez, in a statement announcing the allocations. “Over the life of the program, recipients have been able to build or acquire almost 37,000 affordable homes and have rehabilitated more than 77,000 housing units.”

HUD also announced an additional $55.5 million allocation to 75 Native American communities through the Indian Community Development Block Grant Program, which is designed to improve housing conditions and stimulate community development on tribal lands.

Last week, the Obama Administration announced it was seeking $700 million for Native American Housing Block Grants plus an additional $25 million to improve the socioeconomic status of Native American youth and address unemployment on tribal lands as part of the HUD 2017 fiscal year budget.

About the author
Published
Feb 17, 2016
Better's Mortgage Volume Rises 15%, But Losses Persist

Better is targeting a bigger share of wholesale lending, with plans to expand into Non-QM and conventional mortgages

Nov 10, 2026
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026