Thune, Rounds Applaud Senate Passage of Their Tribal Trust Land Homeownership Act
Press Release
Issues: Housing and Property
"Affordable housing opportunities on tribal trust land can be hard to come by in South Dakota and across the nation due in part to the BIA's challenging mortgage approval process, which can complicate lenders' ability to provide financing to prospective homebuyers and participate in federal tribal housing programs. Our bipartisan legislation would expedite this mortgage approval process, hold the BIA accountable, and encourage more lenders to provide mortgages across Indian Country. This would expand tribal members' access to homeownership. We applaud the Senate's passage of our bill, and we hope the House of Representatives considers it in short order."
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