Make Homeownership a Reality
NAHI and Home$tart Grants
What are the NAHI and Home$tart Grants?
The Native American Homeowner Initiative (NAHI) Grant is available to Alaska Native and American Indian homebuyers statewide! This is a $25,000 grant (per household) that can be used for your down payment, closing costs, and prepaid expenses of your home purchase.
Home$tart is a $15,000 grant (per household) that can be used for your down payment, closing costs, and prepaid expenses of your home purchase!
The Grant
Process
Cook Inlet Lending Center will help determine your eligibility for the NAHI program. Our Office Coordinator will help guide you through the process and help you understand the requirements.
Schedule a meeting today with our Homebuyer Assistance Officer, Julia Haakenson.
Eligibility
Must be a first-time home buyer
Borrower must owner occupy the subject property for five years
Limited to 1-4 unit properties
Must be Alaska Native, American Indian, or Native Hawaiian
Tribal card or letter from your corporation is required
Must be below 80% NAHASDA AMI Income Limits
Must complete homebuyer education
Limited to one grant per household
Must have a first mortgage or DPA loan application in process with Cook Inlet Lending Center
NAHI
Home$tart
Must be a first-time home-buyer
Borrower must owner-occupy the subject property for five years
Limited to 1-4 unit properties
Must be below 80% HUD AMI- Income Limits
Must receive homebuyer education
Limited to one grant per household
Must have a first mortgage or DPA loan application in process with Cook Inlet Lending Center
Income Limits
NAHI GRANT
By Household Size and Subject Property Location as of 5/1/2024 - please contact us for current income limits.
Alaska
1 Person - $62,608
2 Person - $71,552
3 Person - $80,496
4 Person - $89,440
5 Person - $96,595
6 Person - $103,750
7 Person - $110,906
8 Person - $118,061
1 Person - $67,816
2 Person - $77,504
3 Person - $87,192
4 Person - $96,880
5 Person - $104,630
6 Person - $112,381
7 Person - $120,131
8 Person - $127,882
Anchorage
Income Limits
Home$tart Grant
By Household Size and Subject Property Location as of 4/1/2024 - please contact us for current income limits.
Alaska
1 Person - $62,650
2 Person - $71,600
3 Person - $80,550
4 Person - $89,450
5 Person - $96,650
6 Person - $103,800
7 Person - $110,950
8 Person - $118,100
1 Person - $67,850
2 Person - $77,550
3 Person - $87,250
4 Person - $96,900
5 Person - $104,700
6 Person - $112,450
7 Person - $120,200
8 Person - $127,950
