Industry News, December 11, 2023, Report Shows Need For Mortgage Solutions On Tribal Lands
A report released by the National Community Reinvestment Coalition and the Native Community Capital found traditional financial services are struggling to serve communities on and near tribal lands.
The report was conducted after Community Reinvestment Act (CRA) regulations were changed this year to specifically include native land areas for the first time. Its authors suggest solutions to improving home financing options for this long-underserved community.
