Curious about how a Tribe/TDHE can Utilize the Demonstration to Develop Rental Housing for Skilled Workers in their Community?

Under the Demonstration, Tribes and Tribally Designated Housing Entities may obtain a loan from a Section 184 approved Lender for the construction of rental housing for Skilled Workers. Tribes/TDHEs may utilize the Demonstration to construct one to four family dwelling unit(s). The Section 184 program allows Tribes/TDHEs to obtain multiple Section 184 loans, subject to underwriting requirements, to construct Skilled Workers housing within their communities.

As an incentive for Tribes/TDHEs to participate in the Demonstration, the Demonstration reduces the Section 184 Upfront Fee to $1 and eliminates the Annual Guarantee Fees.