Pequot couple first to receive loan for housing

Wednesday, January 31, 2007  

A family from the Mashantucket Pequot Tribal Nation of Connecticut signed the first mortgage for a home on the reservation.

Jason and Tammy Shourds are taking part in a new tribal program that assigns land to tribal families. That enables them to use the land as collateral for a home loan.

The Shourds obtained a $417,000 mortgage from a local bank. Any foreclosure proceedings will be handled in tribal court, and the land will stay in tribal hands.

Get the Story:
Couple first to get loan to build on tribal land (The Norwich Bulletin 1/31)
Mashantuckets Blaze Mortgage Trail (The New London Day 1/31)
pwday

Relevant Links:
Office of Public and Indian Housing, HUD - http://www.hud.gov/offices/pih
National American Indian Housing Council - http://naihc.net

Related Stories:
Yakama man named head of Indian housing group (01/12)
Ex-Indian housing aide doesn't recall Abramoff (12/11)
Former HUD official Liu drops lobbying effort (09/01)
HUD expands home loan program in Oregon (08/08)
Aloha! Michael Liu leaving HUD for private sector (05/05)
Senators question Bush administration's budget cuts (02/17)
Native veterans question Bush administration budget (02/17)
Official cites 'tight' budget for Indian housing (2/9)
Indian housing funds see no major increase (11/24)
Congress restores Bush's cuts to Indian programs (11/22)
Bush says housing program he's cutting is 'working' (08/12)
Tribes challenge policy affecting federal housing funds (05/04)
Indian housing funds face cuts in Bush budget (04/14)
Tribes tackle budget woes under Bush administration (4/13)
Housing campaign seeks to build 100,000 homes (02/27)
Senate panel shares criticism of Bush budget (02/12)
Tribal leaders pressing Congress on funding (02/11)
Native American Bank offers new mortgage program (01/21)
Indians fight discrimination when renting homes (11/21)
Indian housing funds face more scrutiny (3/4)
Bush budget restricts spending on Indian Country (02/10)
Senate clears new funds for Indian programs (01/24)
Housing scarce for thousands of Indian families (01/22)
Indian housing bill signed into law (11/15)
A busy year for Congress on Indian affairs (10/22)
Senate renews Indian housing law (10/8)
Court rules tribes immune from discrimination law (8/14)
Bush names Liu to Indian housing post (6/22)
Native Corp. to appeal housing denial (6/4)
Alaska Native housing plan rejected (5/29)
Audit: Alaska Native dorm improperly approved (4/17)
HUD Budget: No big benefit for Indian Country (4/12)
Martinez to clean HUD house (2/21)