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MBA Applauds Senate Passage Of The Tribal Trust Land Homeownership Act Of 2023

Bill Killmer, MBA’s Senior Vice President of Legislative and Political Affairs, issued the following statement on the U.S. Senate’s passage of the Tribal Trust Land Homeownership Act of 2023:

“This important legislation will reduce or eliminate Bureau of Indian Affairs (BIA) processing delays, improving access to credit by encouraging more lenders to participate in trust land mortgage lending. Addressing these processing delays and improving credit availability will go a long way in helping more Indigenous and Native families buy a home.

“MBA commends Senators Thune, Smith, Rounds, and Tester for reintroducing this bipartisan bill during this Congress and for their work in helping it pass by unanimous consent.

“We urge the House to vote on the bill as soon as possible so that it can be signed into law by President Joe Biden.”