,i #aagth ,,congress #ast ,session ,h4 ,r4 #fcca ,,in ,,the ,,house ,,of ,,representatives ,december #bj1 #bjba ,mr4 ,johnson of ,south ,dakota 7for himself1 ,ms4 ,leger ,fernandez1 and ,mr4 ,kahele7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to permanently authorize the ,native ,community ,development ,financial ,institutions lending program of the ,department of ,agriculture1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,native ,american ,rural ,homeownership ,improvement ,act of #bjba4 #b4 ,native ,,cdfi relending program ,section #ejb of the ,housing ,act of #aidi 7#db ,u4,s4,c4 #adgb7 is amended by adding at the end the following3 7j7 ,set aside for native community development financial institutions 7#a7 ,definitions ,in this subsection-- 7,a7 the term ,alaska ,native has the meaning given the term ,native in section #c7;b7 of the ,alaska ,native ,claims ,settlement ,act 7#dc ,u4,s4,c4 #afjb7;b772 7,b7 the term appropriate congressional committees means-- 7i7 the ,committee on ,agriculture of the ,senate2 7ii7 the ,committee on ,indian ,affairs of the ,senate2 7iii7 the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate2 7iv7 the ,committee on ,agriculture of the ,house of ,representatives2 7v7 the ,committee on ,natural ,resources of the ,house of ,representatives2 and 7vi7 the ,committee on ,financial ,services of the ,house of ,representatives2 7,c7 the term community development financial institution has the meaning given the term in section #ajc of the ,community ,development ,banking and ,financial ,institutions ,act of #aiid 7#ab ,u4,s4,c4 #dgjb72 7,d7 the term ,indian ,tribe has the meaning given the term ,indian tribe in section #d of the ,native ,american ,housing ,assistance and ,self-,determination ,act of #aiif 7#be ,u4,s4,c4 #dajc72 7,e7 the term ,native community development financial institution means an entity-- 7i7 that has been certified as a community development financial institution by the ,secretary of the ,treasury2 7ii7 that is not less than #ej percent owned or controlled by members of ,indian ,tribes1 ,alaska ,native communities1 or ,native ,hawaiian communities2 and 7iii7 for which not less than #ej percent of the activities of the entity serve ,indian ,tribes1 ,alaska ,native communities1 or ,native ,hawaiian communities2 7,f7 the term ,native ,hawaiian has the meaning given the term in section #hja of the ,native ,american ,housing ,assistance and ,self-,determination ,act of #aiif 7#be ,u4,s4,c4 #dbba72 and 7,g7 the term priority ,tribal land means-- 7i7 any land located within the boundaries of-- 7,i7 an ,indian reservation1 pueblo1 or rancheria2 or 7,,ii7 a former reservation within ,oklahoma2 7ii7 any land not located within the boundaries of an ,indian reservation1 pueblo1 or rancheria1 the title to which is held-- 7,i7 in trust by the ,united ,states for the benefit of an ,indian ,tribe or an individual ,indian2 7,,ii7 by an ,indian ,tribe or an individual ,indian1 subject to restriction against alienation under laws of the ,united ,states2 or 7,,iii7 by a dependent ,indian community2 7iii7 any land located within a region established pursuant to section #g7;a7 of the ,alaska ,native ,claims ,settlement ,act 7#dc ,u4,s4,c4 #afjf7;a772 7iv7 ,hawaiian ,home ,lands1 as defined in section #hja of the ,native ,american ,housing ,assistance and ,self-,determination ,act of #aiif 7#be ,u4,s4,c4 #dbba72 or 7v7 those areas or communities designated by the ,assistant ,secretary of ,indian ,affairs of the ,department of the ,interior that are near1 adjacent1 or contiguous to reservations where financial assistance and social service programs are provided to ,indians because of their status as ,indians4 7#b7 ,purpose ,the purpose of this subsection is to-- 7,a7 increase homeownership opportunities for ,indian ,tribes1 ,alaska ,native ,communities1 and ,native ,hawaiian communities in rural areas2 and 7,b7 provide capital to ,native community development financial institutions to increase the number of mortgage transactions carried out by those institutions4 7#c7 ,set aside for ,native ,c,d,f,is ,of amounts appropriated to make direct loans under this section for each fiscal year1 the ,secretary shall use #ej1jjj1jjj to make direct loans to ,native community development financial institutions in accordance with this subsection4 7#d7 ,application requirements ,a ,native community development financial institution desiring a loan under this subsection shall demonstrate that the institution-- 7,a7 can provide the non-,federal cost share required under paragraph 7#f72 and 7,b7 is able to originate and service loans for single family homes4 7#e7 ,lending requirements ,a ,native community development financial institution that receives a loan pursuant to this subsection shall-- 7,a7 use those amounts to make loans to borrowers-- 7i7 who otherwise meet the requirements for a loan under this section2 and 7ii7 who-- 7,i7 are members of an ,indian ,tribe1 an ,alaska ,native community1 or a ,native ,hawaiian community2 or 7,,ii7 maintain a household in which not less #a member is a member of an ,indian ,tribe1 an ,alaska ,native community1 or a ,native ,hawaiian community2 and 7,b7 in making loans under subparagraph 7,a71 give priority to borrowers described in that subparagraph who are residing on priority ,tribal land4 7#f7 ,non-,federal cost share 7,a7 ,in general ,a ,native community development financial institution that receives a loan under this section shall be required to match not less than #bj percent of the amount received4 7,b7 ,waiver ,in the case of a loan for which amounts are used to make loans to borrowers described in paragraph 7#e77;,b71 the ,secretary shall waive the non-,federal cost share requirement described in subparagraph 7,a7 with respect to those loan amounts4 7#g7 ,reporting 7,a7 ,annual report by ,native ,c,d,f,is ,each ,native community development financial institution that receives a loan pursuant to this subsection shall submit an annual report to the ,secretary on the lending activities of the institution using the loan amounts1 which shall include-- 7i7 a description of the outreach efforts of the institution in local communities to identify eligible borrowers2 7ii7 a description of how the institution leveraged additional capital to reach prospective borrowers2 7iii7 the number of loan applications received1 approved1 and deployed2 7iv7 the average loan amount2 7v7 the number of finalized loans that were made on ,tribal trust lands and not on ,tribal trust lands2 and 7vi7 the number of finalized loans that were made on priority ,tribal land and not priority ,tribal land4 7,b7 ,annual report to ,congress ,not later than #a year after the date of enactment of this subsection1 and every year thereafter1 the ,secretary shall submit to the appropriate congressional communities a report that includes-- 7i7 a list of loans made to ,native community development financial institutions pursuant to this subsection1 including the name of the institution and the loan amount2 7ii7 the percentage of loans made under this section to members of ,indian ,tribes1 ,alaska ,native communities1 and ,native ,hawaiian communities1 respectively1 including a breakdown of loans made to households residing on and not on ,tribal trust lands2 and 7iii7 the average loan amount made by ,native community development financial institutions pursuant to this subsection4 7,c7 ,evaluation of program ,not later than #c years after the date of enactment of this subsection1 the ,secretary and the ,secretary of the ,treasury shall conduct an evaluation of and submit to the appropriate congressional committees a report on the program under this subsection1 which shall-- 7i7 evaluate the effectiveness of the program1 including an evaluation of the demand for loans under the program2 and 7ii7 include recommendations relating to the program1 including whether-- 7,i7 the program should be expanded such that all community development financial institutions may make loans under the program to the borrowers described in paragraph 7#e72 and 7,,ii7 the set aside amount paragraph 7#c7 should be modified in order to match demand under the program4 7#h7 ,grants for operational support 7,a7 ,in general ,the ,secretary shall make grants to ,native community development financial institutions that receive a loan under this section to provide operational support and other related services to those institutions1 subject to-- 7i7 the satisfactory performance1 as determined by the ,secretary1 of a ,native community development financial institution in carrying out this section2 and 7ii7 the availability of funding4 7,b7 ,amount ,a ,native community development financial institution that receives a loan under this section shall be eligible to receive an annual grant described in subparagraph 7,a7 in an amount equal to not less than #bj percent and not more than #be percent of the total outstanding balance of loans made by the ,native community development financial institution under the program under this section as of the date on which the grant is awarded4 7#i7 ,outreach and technical assistance ,there is authorized to be appropriated to the ,secretary #a1jjj1jjj for each of fiscal years #bjbb1 #bjbc1 and #bjbd-- 7,a7 to provide technical assistance to ,native community development financial institutions-- 7i7 relating to homeownership and other housing-related assistance provided by the ,secretary2 and 7ii7 to assist those institutions to perform outreach to eligible homebuyers relating to the loan program under this section2 or 7,b7 to provide funding to a national organization representing ,native ,american housing interests to perform outreach and provide technical assistance as described in clauses 7i7 and 7ii71 respectively1 of subparagraph 7,a74 4