Frequently Asked Questions DO YOU ONLY HELP ALASKA NATIVES? No. We offer a Down Payment Assistance (DPA) product and our Individual Development Account (IDA) program that are available to individuals purchasing homes in the Cook Inlet Region, who meet income eligibility guidelines of either program, regardless of race, ethnicity, religion, etc. The HUD 184 program is offered to federally recognized tribal members and tribal entities. WHOSE INCOME COUNTS? For the Down Payment Assistance (DPA) product and our Individual Development Account (IDA) program, the income of every household member, excluding minors, is evaluated. WHO IS CONSIDERED A HOUSEHOLD MEMBER? Each program has different rules on who is considered a household member. Please contact the program administrator for more information. I ONLY HAVE MY CHILDREN PART TIME; DO I COUNT THEM AS PART OF THE HOUSEHOLD? Child support agreements are evaluated to determine household size. HOW LONG IS THE PROCESS? This varies between the different programs we offer. Please contact the program administrator for more information. I HAVE MY BIA CARD/DECENDANT CARD. DOES THIS COUNT AS BEING A MEMBER? A BIA card/Decendant card is not sufficient. We require a tribal enrollment card or letter from your tribe to be eligible for Alaska Native/Native American home loan programs. I HAVE HAD BANKRUPTCY/DEROGATORY ACCOUNT/LATE PAYMENTS/COLLECTION, HOW DOES THIS AFFECT MY ABILITY TO GET A HOME LOAN? It can either lower the amount of a home you can purchase or disqualify you all together. Each of these situations can vary and it is best to speak with a loan originator about your situation, before applying. I AM ALASKAN NATIVE/AMERICAN INDIAN BUT MY SPOUSE/CO-BORROWER IS NOT, ARE WE ELIGIBLE FOR HUD 184? Yes, only one borrower needs to be enrolled in a federally recognized tribe. HOW CAN A TRIBE/CORPORATION/TDHE LEVERAGE HUD 184 FOR THEIR COMMUNITIES? To aide in financing purchases, rehabilitations and new construction homes to fit the community needs. WHAT IF I LIVE WITH MY PARENTS? For our Down Payment Assistance (DPA) product , if you do not intend to live with your parents, then they do not need to be on the application. I HAVE A FIANCE' BUT WE ARE NOT MARRIED YET, DOES HIS OR HER INCOME COUNT? If you are applying for our Down Payment Assistance (DPA) product , and your fiancé intends to live with you, then yes. CAN YOU COMBINE PROGRAMS? Yes! Many of the programs we offer can be combined. Click here for more information.