Real Estate

Lumbee Tribe of NC receives an increase in housing budget

By Staff Report, posted 2 months ago

On Thursday, May 9, Lumbee Tribal Chairman John L. Lowery announced an increase in funds will be coming  for the Lumbee Tribe Housing Program. Tribes across the nation received notification on May 7, 2024 from the U.S. Department of Housing & Urban Development about their Indian Housing Block Grant (IHBG) Allocations for Fiscal Year 25. The Lumbee Tribe will receive an additional $10 million  for the next program year, going from $18.3 million last year to $28.7 million next year.

Tribes across the nation will receive increased funding as a result of Congress increasing appropriations to NAHASDA Native American Housing Assistance and Self Determination Act of 1996. This is the largest increase in (IHBG) funding since the program was created. 

“This funding will allow us to build additional homes for homeownership, elderly sites and help with Down Payment Assistance,” said Lowery in a press release. “I am honored to be in this position, during this season of progress and prosperity for the Lumbee People.”

Chairman Lowery and his staff are currently working on the budget for the 2024/2025 year. The Chairman will present his proposed budget to the Tribal Membership, including these additional housing funds, at the State of the Tribe Address on Monday, July 1, 2024.

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