Native American Homeownership Initiative (NAHI) Grant

What is Native American Homeownership Initiative (NAHI) Grant?

Native American Homeownership Initiative (NAHI) Grant is a grant for homebuyers in Anchorage, Alaska.

• The NAHI Grant is a $25,000 down payment and closing cost grant from the Federal Home Loan Bank of Des Moines Native American Homeownership Initiative, administered locally in Alaska by Cook Inlet Lending Center. Restricted to Alaska Native, American Indian, and Native Hawaiian borrowers (tribal documentation required). Funds may be used for down payment, closing costs, and prepaid expenses. The grant carries a 5-year owner-occupancy retention period; pro-rata repayment is owed if the home is sold or vacated early. Statewide Alaska eligibility.
• $25,000 grant (per household) for Alaska Native, American Indian, and Native Hawaiian homebuyers, usable for down payment, closing costs, and prepaid expenses. True grant — no monthly payment and no repayment required if borrower satisfies the 5-year owner-occupancy retention period. Funded by FHLB Des Moines Native American Homeownership Initiative (NAHI) and locally administered by Cook Inlet Lending Center.
• Funding comes from FHLB, Federal, and FHLB Des Moines Native American Homeownership Initiative.

Do you have to pay it back?

Native American Homeownership Initiative (NAHI) Grant is structured as a grant, so it is not repaid.

• Repayment is triggered by Pro-rata repayment if borrower sells or vacates the home within 5 years (FHLB Des Moines NAHI retention).
• The assistance is recorded in Grant — no lien (or subordinate retention agreement / 5-year deed restriction) position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Native American Homeownership Initiative (NAHI) Grant is open to buyers who will live in the home as their primary residence.

What are the income limits?

Native American Homeownership Initiative (NAHI) Grant limits household income to 80% of the area median income, which varies by county and household size.

• Household income at or below 80% NAHASDA AMI by household size. Two tiers — Statewide Alaska (1-person $64,050 to 8-person $120,750) and Anchorage (1-person $72,250 to 8-person $136,250). Effective April 1, 2025.
• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Native American Homeownership Initiative (NAHI) Grant caps the purchase price as follows: No stated maximum.

• Eligible property types include 1-4 unit (single-family, duplex, triplex, fourplex, condo, PUD, townhome).
• New construction is eligible.
• Manufactured homes are eligible.

Is there eligibility for specific groups?

Native American Homeownership Initiative (NAHI) Grant names American Indian and Alaska Native buyers among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Native American Homeownership Initiative (NAHI) Grant serves buyers purchasing in Anchorage, Alaska.

How do you apply?

Applications for Native American Homeownership Initiative (NAHI) Grant go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through HUD-approved homebuyer education provider (in-person or virtual).

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved through Reservations made through CILC against FHLB Des Moines annual NAHI allocation; first-come, first-served; subject to fund availability, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.