CBC Mortgage Agency (CBCMA) is a federally chartered, public-purpose government agency and an instrumentality of the Cedar Band of Paiutes, a federally recognized Native American tribe. Its mission is to increase affordable and sustainable homeownership for creditworthy, low- and moderate-income individuals. The company's primary activity is administering the Chenoa Fund, a national down payment assistance program that provides funds for FHA-insured and conventional mortgage loans, helping to bridge the gap for families who can afford a monthly mortgage payment but lack the initial down payment.

Founded in

United States