The Coalition has compiled the following resources to help our member organizations navigate the impacts of COVID-19. We’ll keep updating this list as more resources become available, so check back regularly.

Webinar: Launching the Native Homeownership Protection Plan

Recognizing the economic impacts of COVID-19 on our Coalition members and the communities you serve, the SD Native Homeownership Coalition has raised funds for our “Native Homeownership Protection Plan” (NHPP). The purpose of this funding is to:

• Provide assistance to Native homeowners experiencing difficulties in making mortgage loan payments, paying for utilities or covering other emergency homeownership-related costs.
• Support small business clients, in order to ensure that they can pay on-going operating expenses, including rent and salaries.

Mortgage and Housing Assistance During the Coronavirus National Emergency

The Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA) , and U.S. Department of Housing and Urban Development (HUD) partnered to launch a new mortgage and housing assistance website to help homeowners and renters during the coronavirus pandemic. The site provides information about mortgage relief options, protection for renters, avoiding scams, and mortgage basics.

Webinar: Preventing COVID-19 Foreclosures

On Tuesday, April 28, 2020, we hosted a webinar to explore how homeownership practitioners can support clients facing difficulties making regular monthly mortgage payments due to the impacts of COVID-19. We looked at key terms related to payment challenges, including forbearance, loss mitigation, and loan modification.

Webinar: COVID-19 Responses, Concerns, and Needs

On Thursday, April 9, 2020, the South Dakota Native Homeownership Coalition hosted an information-sharing webinar with our members to learn about the impact of COVID-19 in different communities across the state.

SD Governor’s Office of Economic Development

The South Dakota Governor’s Office of Economic Development has published a COVID-19 page that includes information on Governor Noem’s Small Business Relief Fund, other COVID-19 resources, SBA funding, and the Paycheck Protection Program.

SD Housing Development Authority

The SD Housing Development Authority is encouraging struggling homeowners to reach out to their loan servicers. Homeowners who have mortgages backed by the federal government are provided protections through the CARES Act.

USDA Rural Development 

USDA Rural Development has taken a number of immediate actions to help rural residents, businesses, and communities affected by the COVID-19 outbreak. Their April 8th stakeholder announcement outlines several opportunities for immediate relief in their guaranteed loan, rural housing service (single-family and multi-family housing), rural utilities service, and rural business-cooperative service programs.

HUD

HUD has published several COVID-19 resources and fact sheets and several lender letters that outline topics related to modified application requirements, appraisals, and loss mitigation options for the HUD 184 program.

US Department of Veterans Affairs

The US Department of Veterans Affairs published a circular describing extended relief under the CARES Act for those affected by COVID-19, including eligibility, forbearance, credit reporting, exiting forbearance, and foreclosure moratorium.

NDN Collective’s COVID-19 Response Project

The NDN Collective’s COVID-19 Response Project is designed to provide immediate relief to some of the most underserved communities in the country.

Bush Foundation

The Bush Foundation has compiled a list of COVID-19 resources in the region for nonprofits, businesses, and individuals.

Consumer Finance Protection Bureau

The Consumer Financial Protection Bureau has published several tips to help consumers stay on top of their finances during the pandemic.

To learn more about coronavirus mortgage relief options under the CARES Act, watch the CFPB’s brief video titled, “CARES Act Mortgage Forbearance: What You Need to Know.”

Enterprise Community Partners

Enterprise will be providing regular updates on resources for residents and housing providers on their COVID-19 Resources: Rural & Native American Program page.

Federal Reserve Bank of Minneapolis, Center for Indian Country Development

The Center for Indian Country Development created a web page that is meant to direct tribal governments and tribal businesses (businesses owned by tribal members and tribally owned entities) to grants, loans, and other resources to respond to the economic consequences of the coronavirus.

COVID-19 and Indian Country

A survey by the Center for Indian Country Development shows the coronavirus pandemic exposes tribal economies and governments to economic hardship.