Black Hills Knowledge Netowork

Lakota Funds is a Native CDFI that is assisting the committee with veteran homebuyer education.
Lakota Funds is a Native CDFI that is assisting the committee with veteran homebuyer education.
BHKN photo
November 12, 2016

Coalition Focuses on Homeownership for Native Veterans

The South Dakota Native Homeownership Coalition has formed a new committee that will focus on assisting Native American veterans secure housing, reports South Dakota Public Broadcasting. Specifically, the group will assist Native American veterans with homeowner education, housing and land issues, and subsidies available to help with housing costs.

The committee points out that while the Veterans Administration has a Native American Direct Loan Program, which allows American Indian veterans the opportunity to purchase or build a home on trust land, the process of building homes on trust is lengthy and difficult. Additionally, many veterans are not aware of the options available to them. The committee hopes to work alongside Native Community Development Financial Institutions (CDFIs) to help educate and assist veterans with the home buying process.

To read about housing in the Black Hills region, visit the Black Hills region, visit the Black Hills Knowledge Network’s online news archive

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