FHLBank Des Moines Native American Homeownership Initiative (NAHI)

What is 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.

How much assistance does it provide?

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.

Do you have to pay it back?

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.

Who qualifies?

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

What are the income limits?

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.

What kind of home can it be used for?

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.

Is there eligibility for specific groups?

FHLBank Des Moines Native American Homeownership Initiative (NAHI) 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?

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

How do you apply?

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.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact Federal Home Loan Bank of Des Moines (via member institutions) to reserve funds

   Funds are reserved through Reservations via DP Online (eAdvantage) by member bank prior to closing; 2026 round Jan 2 - Dec 31, 2026., 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.