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CBC Mortgage Agency Launches Initiative to Increase Homeownership Within Urban Indian Community

CBC Mortgage Agency, Cedar City, Utah, launched the Kani Urban Indian Housing Initiative to increase homeownership within the urban Indian community. The National Urban Indian Family Coalition, an advocacy group for American Indian families living in urban areas, partnered with CBCMA on the initiative to address the housing needs of Native Americans living in urban areas.

CBCMA, a wholly owned subsidiary of Cedar Band Corp., offers the Chenoa fund down payment assistance program. Cedar Band Corp. is a federally chartered tribal corporation wholly owned and operated by the Cedar Band of Paiute Indians. NUIFC will promote the Kani Urban Indian Housing Initiative’s message through its existing affiliated urban Indian centers by hosting webinars and homebuyer workshops with CBCMA. These workshops aim to provide support to Native American urban communities with guidance and down payment assistance programs.

Source: https://newslink.mba.org/mba-newslinks/2021/january/mba-newslink-friday-jan-15-2021/industry-briefs-jan-15-2021/

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