FROM THE ARCHIVE
Inter-tribal housing fund started
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TUESDAY, FEBRUARY 19, 2002

The Confederated Salish and Kootenai Tribes of Montana are using a $5,000 donation from home financing company Fannie Mae to start up an inter-tribal mortgage-backing program.

The Montana-Wyoming Lending Consortium would help tribal members on reservations in the two states obtain financing for homes. Tribal governments will contribute to a fund modeled after one the Salish and Kootenai Tribes set up about 20 years ago, now valued at $40 million.

Get the Story:
Fannie Mae donates $5,000 toward setting up tribal housing loan fund (AP 2/19)

Relevant Links:
Fannie Mae - http://www.fanniemae.com