Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities

U.S. Government Accountability Office

Native American Veterans Housing Loan Program

Administering Agency/Entity Department of Veterans Affairs
Short Description Provides direct loans for the purchase or construction of homes on federal trust lands to certain veterans who are, or whose spouses are, Native Americans. The Department of Veterans Affairs may make home loans to eligible applicants for any of the following purposes: (1) Buy or build a home; (2) simultaneously purchase and improve a home; (3) repair, alter, or improve a home; (4) purchase a manufactured home to be permanently affixed to a lot already held in leasehold by the applicant; or (5) to refinance an existing loan made under this program.
Primary Purpose Assistance for buying, selling, or financing a home
Type of Housing Supported Homeownership
Type of Assistance Direct loan
Fiscal Year 2010 Obligations -$5,000,000; obligations represent the expected credit subsidy costs for loan commitments made in fiscal year 2010. These estimates are revised in subsequent years and the ultimate cost will not be known until the loans have matured.

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