FHLBank Des Moines Native American Homeownership Initiative (NAHI)

FHLBank Des Moines Native American Homeownership Initiative (NAHI) is a grant for homebuyers in Statewide, Wyoming, administered by Federal Home Loan Bank of Des Moines (via member institutions). NAHI provides eligible Native American, Alaska Native, and Native Hawaiian households a $25,000 grant for down payment and closing costs (plus up to $250 for homebuyer education), delivered by FHLB Des Moines member institutions within the Bank's district (which includes Wyoming and the Wind River Reservation). The grant is secured by a 5-year self-extinguishing deed restriction, forgiven pro rata over 60 months; households need not be first-time buyers. $25,000 grant for Native American households. Not limited to first-time buyers. Layerable. Funding comes from FHLB Des Moines Affordable Housing Program.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) offers up to $25,000 in assistance. Amounts are the program's published maximums, not an offer — Federal Home Loan Bank of Des Moines (via member institutions) determines any individual award.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) is structured as a grant, so it is not repaid. Repayment is triggered by Sale, refinance, or loss of owner-occupancy within the 5-year deed-restriction term (forgiven pro rata over 60 months). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required. Eligible Native American/Alaska Native/Native Hawaiian household; at or below 80% AMI; complete homebuyer education before closing; delivered through an FHLB Des Moines member bank.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) limits household income to 80% of the area median income, which varies by county and household size. At or below 80% of area median income (HUD or NAHASDA limits) by household size; includes all current and intended household members. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) can be used for Single Family, Manufactured, and 2-4 Unit. New construction is eligible. Manufactured homes are eligible.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) names American Indian and Alaska Native homebuyers 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.

FHLBank Des Moines Native American Homeownership Initiative (NAHI) serves homebuyers purchasing in Statewide, Wyoming.

Applications for FHLBank Des Moines Native American Homeownership Initiative (NAHI) go through Federal Home Loan Bank of Des Moines (via member institutions), which publishes the current terms and the application steps on its own site. Funds are reserved through Reservations via DP Online (eAdvantage) by member bank prior to closing; 2026 round Jan 2 - Dec 31, 2026. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.