What
is the Section 184A Native Hawaiian Housing Loan Guarantee Program? The
Hawaiian Homelands Homeownership Act of 2000 adds a new Section 184A to the Housing
and Community Development Act of 1992 which authorized the Native Hawaiian Housing
Loan Guarantee Program. The regulations for Section 184A was published as an Interim
Rule on June 13, 2002, and are found at 24 CFR part 1007. The program is designed
to offer home ownership, property rehabilitation, and new construction opportunities
for eligible Native Hawaiian individuals and families wanting to own a home on
Hawaiian home lands.
The purpose of the Section 184A loan is to provide access to sources of private
financing on Hawaiian home lands. Section 184A permits HUD to guarantee 100% of
the unpaid principal and interest due on an eligible loan. The use of the Section
184A Loan Guarantee Program is limited to owner-occupant single family dwellings
located on Hawaiian home lands. For
more information on the Section 184A Native Hawaiian Housing Loan Guarantee Program,
please contact Claudine
Allen, Native Hawaiian Program Specialist, in the HUD Honolulu Field Office:
U.S.
Department of Housing and Urban Development 500 Ala Moana Boulevard, Suite
3A Honolulu, HI 96813 Phone: (808) 522-8175, Extension 223 Fax: (808)
522-8170
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