Agency

Agency

The sponsor or provider of financial assistance through an agency gift or grant, Affordable Second®, Individual Development Account (IDA) or unsecured loan, as applicable. An Agency must be one of the following: A municipality which includes any duly authorized authority or agency of the federal, State, local or municipal government A non-profit organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code An employer where the Borrower is an employee A regional Federal Home Loan Bank under one of its affordable housing programs A Native American Tribe as defined in Section 4504.2(c) Note: An entity created or partially or wholly owned by a Native American Tribe that does not qualify as a Tribally Designated Housing Entity (TDHE) cannot be considered an Agency.