Tribes in Arizona are helping their members become new homeowners.
Serena Norris is the first person to use the Salt River Pima-Maricopa Indian Community's new mortgage-guarantee program. She is building a home on her trust land under a loan backed by the federal government and the tribe.
The Navajo Nation also has a new loan guarantee program. The goal is to finance at least 500 mortgages a year.
The White Mountain Apache Tribe issued tax-exempt bonds for housing. The tribe raised $25 million to finance 300 new homes on the reservation.
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Home ownership rising on Arizona reservations
(The Arizona Republic 10/13)
Arizona tribes hope to increase homeownership
Wednesday, October 13, 2004
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