Mortgage Lending on South Dakota’s Indian Trust Land: Findings from a Survey of Lenders

Producer
South Dakota Native Home Ownership Coalition
Year

Since its formation in 2013, the South Dakota Native Homeownership Coalition (SDNHOC or “the Coalition”) has brought together a diverse group of more than 75 tribal, state, federal, nonprofit, and private sector stakeholders to identify barriers, share innovative solutions, and leverage resources to create a clear path to homeownership for Native people in South Dakota. In 2019, as part of this mission, SDNHOC commissioned two capacity-building needs assessments—one to identify the specific capacity-building needs of housing practitioners and other Coalition members, the other to evaluate the barriers and opportunities for lenders providing mortgage financing on Indian trust land. This document is the second of those reports, the needs assessment for lenders.

Native Nations
Resource Type
Citation

Jorgensen, Miriam and Hope Nation Consulting, LLC. 2019. Mortgage Lending on South Dakota’s Indian Trust Land: Findings from a Survey of Lenders. Kyle, South Dakota: South Dakota Native Homeownership Coalition.

Related Resources

Image
U.S. Senate testimony: “Lending Opportunities: Opening the Door to Homeownership in Indian Country”

On Oct. 16, 2019, Center for Indian Country Development Director and Minneapolis Fed Assistant Vice President Patrice H. Kunesh testified before the U.S. Senate’s Indian Affairs Committee about the need for more housing and improved access to affordable lending on reservations. She said that “…

Image

The purpose of this handbook is to provide guidance to BIA staff for processing leasehold and trust land mortgages on trust or restricted land; specifically, how to review and analyze a mortgage loan request from a lender using a minimum, streamlined, and standardized process. The handbook contains…

Thumbnail or cover image
Access to Capital and Credit in Native Communities

This report emerges from the Community Development Financial Institution (CDFI) Fund’s commitment to helping Native Communities develop through increased access to capital. The ideas presented are grounded in an understanding of current economic conditions in Native Communities and in established…