Hoporenkv Native American Podcast29 Mai 2020

Trust land with HUD Section 184

Today we have a conversation with Eric Sprenkle Loan Officer of 1st Tribal Lending, joining Wilma Noah and Krystal Cedeno, Training and Development Specialist of the Native Learning Center. Eric Sprenkle will cover new construction with Section 184. How Tribe’s or TDHE’s can be the borrower as well as how Tribes and TDHEs can use Section 184 Loans to develop rental housing or to build single-family homes (1-4 units) that are subsequently sold (or assumed) by eligible borrowers. Today’s talking points will cover: • Mortgage program specifically designed for Trust land • HUD 184 allows cost approach appraisals, which are used on tribal trust land. Other financing requires comparable sales. • Tribe/TDHE can take advantage of today’s interest rates • Each phase of construction may consist of up to 20 units(exceptions have been made based on your overall project plan) • 20 units is a program guide. If a phase is to exceed 20 units please note in an overall project plan. • Cost-savings: • Construction costs may be lower if doing multiple units at one time • Appraisal costs may be lower if doing multiple units at one time • Lender costs may be lower if doing multiple units at one time • Down payment is only 2.25% per unit VS typical construction financing which is approx.. 20% down • One time closing that contains both the construction loan and permanent loan all in one. • Up to 15% of off-site infrastructure can be included in the cost of the individual home

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(178)

Bridging the Gaps: Fawn Tsatoke on Justice, Advocacy, and MMIP

Podcast Release: Bridging the Gaps: Fawn Tsatoke on Justice, Advocacy, and MMIP Special Guest: Fawn Tsatoke (Kiowa / Comanche) President MMIP Kiowa Chapter Release Date: Wednesday, July ...

15 Jul 1h 11min

Strength in Unity: Tribal Economic & Clean Energy Leadership with USET

Podcast Release: Strength in Unity: Tribal Economic & Clean Energy Leadership with USET Special Guest: Rebecca Naragon, MPA, CEcD (Poarch Band of Creek Indians) Economic Development Director Un...

22 Apr 42min

The Blueprint for Success: Strategies for High-Performing Tribal Housing

Release Date: 02.25.2026 Hoporenkv Native American Podcast: “The Blueprint for Success: Strategies for High-Performing Tribal Housing” Special Guest: Patricia Ward (Quinault Indian Nati...

25 Feb 40min

The Florida Indian Youth Program

Release Date: 09.10.2025 Hoporenkv Native American Podcast: “The Florida Indian Youth Program” Special Guest: Thelma McDermott (Muskogee Nation of Oklahoma) Employment & Training I...

10 Sep 202545min

Strengthening Housing Programs Through Diverse Funding

Release Date: 08.27.2025 Hoporenkv Native American Podcast: “Strengthening Housing Programs Through Diverse Funding” Special Guests: Moriah McGill Deputy Director Northern Circl...

27 Aug 20251h 5min

Breaking Ground for Urban Indian Housing

Release Date: 08.13.2025 Hoporenkv Native American Podcast: “Breaking Ground for Urban Indian Housing” Special Guest: Shelly J. Tucciarelli, MBA (Oneida Nation of Wisconsin) ...

13 Aug 202522min

Low Income Tax Credits in the Budget Reconciliation Act

Release Date: 07.30.2025 Hoporenkv Native American Podcast: “Low Income Tax Credits in the Budget Reconciliation Act” Special Guests: Phil Glynn President Travois Adam Rose Dir...

30 Jul 202545min

An Important Announcement for Indian Country from HUD Secretary Scott Turner

Release Date: 05.14.2025 Hoporenkv Native American Podcast: “An Important Announcement for Indian Country from HUD Secretary Scott Turner” Special Guest: Scott Turner United States Secreta...

14 Mai 202510min