Citation:
Abstract:
Recognizing the links between promoting a strong economy, maintaining positive cultural connections, and having the ability to own a home, the Umatilla Housing Authority promotes the Wapayatat Homeownership: Financial, Credit & Consumer Protection Program. The seven-week course provides asset building and saving strategies, while generating awareness about predatory lending practices. The Program also assists citizens in developing financial literacy skills using culturally grounded curriculum, bringing the dream of homeownership closer to reality. Under the Umatilla Individual Development Account (IDA) program, the Confederated Tribes provide a savings-match incentive, giving tribal citizens up to 3 years to successfully close a home loan. As citizens build and own homes on tribal land, wealth is accumulated and the community, economy, and the Tribes are strengthened.