CICD Events

Mortgage Lending in Indian Country: Foundational Investments & Future Pathways to Homeownership

Event Details

Courtyard Scottsdale Salt River
Scottsdale, Arizona
September 13–15, 2016

Event Description

Significant changes in the U.S. mortgage market post-recession are impacting mortgage lending in Indian Country. This is due to an array of issues: a market that is both unique and diverse, heightened awareness of lending risks, new regulations, and shifts in the secondary market. A new lending paradigm is emerging—one that highlights the importance of tribally owned banks, credit unions, and Native CDFIs as local conduits for lending and servicing in close partnership with federal programs and other private sector lenders. Seeing the entire system of lending is critically important to developing effective strategies to improve access to capital and expand homeownership opportunities throughout Indian Country.

This convening will focus on three themes:

  • Improving Access to Mortgage Credit and Capital Flow
  • Mitigating Risk - Collateral and Recourse on Trust Land
  • Building Community Assets and Economies through Homeownership

The convening also celebrates twenty years of homeownership accomplishments in Indian Country and highlights research and data on Indian Country homeownership demographics, and other lending issues.

Event Program and Materials

Welcome and Opening Remarks | Conference Speech Video [YouTube]

Patrice Kunesh, Co-Director, Center for Indian Country Development, Federal Reserve Bank of Minneapolis | Speech Text [PDF]
Delbert Ray, Sr., President, Salt River Pima Maricopa Indian Community

20 Year Retrospective of Mortgage Lending in Indian Country | Video [YouTube]

Bob Gauthier, Principal, Ahoy Leasing & Development
Jackie Johnson Pata, CEO, National Congress of American Indians | Conference Speech Video [YouTube]

Mortgage Markets Outlooks Post-Recession and Impacts in Indian Country | Conference Speech Video [YouTube]

Daniel R. Ringo, Economist, Federal Reserve Bank Board of Governors | Presentation [PDF]
Miriam Jorgensen, Director of Research, Native Nations Institute, University of Arizona | Presentation [PDF]

A Conversation with Lenders - Strategies for Improved Lending in Indian Country

Moderator: Jim Nordlund, USDA Rural Development, Alaska State Director

Panelists:
Tom Wright, Director, Office of Loan Guarantee, HUD Office of Native American Programs
Joyce Allen, Deputy Administrator, USDA Rural Development, Rural Housing Services
Juel Burnette, Branch Manager, 1st Tribal Lending
Jeff Bowman, CEO/President, Bay Bank

Keynote

Lisa Mensah, Under Secretary, USDA Rural Development

New Direction on Homeownership and the BIA | Presentation [PDF] | Contact Guide [PDF]

Sharlene Round Face, Division Chief, Real Estate Services DOI, Bureau of Indian Affairs

A Conversation with Tribal Leaders about Community-Driven Solutions | Presentation [PDF]

Moderator: Joanna Donohoe, Partner, Seven Sisters Community Development Group, LLC

Panelists:
Michael R. Chavez, Executive Director, Zuni Housing Authority | Video [YouTube]
Jason Adams, Executive Director, Salish and Kootenai Housing Authority
JC Crawford, Executive Director, Sisseton Wahpeton Housing Authority
Susan Hammond, Executive Director, Four Directions Development Corporation
Wendy Lawrence, Director, Makah Tribal Housing Authority

Leading Strategies for Improving Homeownership and Lending Infrastructure - Strategy Circle I | Presentation [PDF]

  • Improving Access to Mortgage Credit and Capital Flow
  • Mitigating Risk - Collateral and Recourse on Trust Land
  • Serving Indian Country and Building Community Assets

Tribal Self-Determination - A Market Model of Homeownership | Video [YouTube]

A video from the Confederated Salish and Kootenai Tribes of the Flathead Reservation, presented by Craig Nolte, Regional Manager, Community Development, Federal Reserve Bank of San Francisco

Native Homeownership in Action

Moderator: Steve Barbier, Relationship Manager, NeighborWorks America

Panelists:
Fern Orie, Executive Director, Wisconsin Native Loan Fund
Elsie Meeks, Board Member, Federal Home Loan Bank of Des Moines
Marvin Ginn, Executive Director, Native Community Finance

Securing the Future of Mortgage Lending in Indian Country - Strategy Circle II

  • Where does the tribal development community need to be in order to have impact on the new post-recession mortgage market?
  • What needs to be in place to improve Native homeownership opportunities?
  • How do we collectively move the mortgage industry, federal agencies, and tribal communities toward this position?

Closing Comments and Next Steps

Join a National Native Homeownership Coalition Working Group


Event Cohosts

CICD logoFederal Reserve SF logoNW logoUSDA logo

Contact Information

For inquiries, please send an email to cicd@mpls.frb.org

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