Members of the Nation may qualify for housing help under a program announced May 22 by the tribe’s housing authority and Fannie Mae. The program allows families to purchase homes with no money down, said officials with Fannie Mae, a federally chartered company that is the nation’s largest source of funds for home mortgages. Through Native American Housing and Self-Determination Act funds, Creek families can receive a five-year forgivable mortgage loan for up to $25,000 or 50 percent, whichever is less, of the sale price of a home. Participating lenders can use the loan in conjunction with Fannie Mae to allow borrowers to purchase homes with no down payment, said Carolyn Nunez, a company spokeswoman. The partnership with the Creek Nation Housing Authority is part of Fannie Mae’s “HouseOklahoma” investment plan, a five-year $4 billion program to finance affordable housing to 58,000 Oklahoma families. The loans are available to tribal members earning at or below 80 percent of the national median income of $40,150 for a family of four. For more information, Creek Nation members can call the housing authority’s Mortgage Assistance Program at (918) 759-4126

