A Permanent Lodge provides stability.
Consider homeownership.
                     ~Just Don’t Blow It

Buy-back payments may provide an opportunity to purchase a home and provide stability for your family and loved ones.  And, as they say, "There’s no place like home".  Homeownership makes “cents” –  from the tax benefits, to good old fashioned financial stability.  The financial benefits of homeownership are evident year round, but particularly around tax time.  The benefits of homeownership:

  • Homeownership builds wealth over time. We were always taught that owning a home is financially savvy and it is.
  • Homeownership builds equity every month. Your equity in your home is the amount of money you can sell it for minus what you still owe. Eery month you make a mortgage payment, reduces the amount you owe which increases your equity.   
  • Homeownership allows you to reap Mortgage Tax Deduction benefits. Mortgage deduction, Some closing cost deductions and Propery tax is deductible.
  • Homeowners take Tax Deductions on Home Equity Lines. You can deduct the interest you pay on a home equity loan, allowing you to shift y our credit card debts to your home equity loan, pay a lower interest rate than the horrendously high credit card interest rates. 
  • Homeownes get a Capital Gains Exclusion. If you buy a home as ayour primary residence for more than two years then you will qualify.  When you sell, you can keep profits up to $250,000 if you are single or $500,00 if you are married and not owe capital gains taxes. 
  • A mortgage is like a Forced Saving Plan. Paying that mortgage every month and reducing the amount of your principal is like a forced saving plan.  In a sense you are being forced to save- and that's a good thing!
  • Homeownership in the long term, is cheaper than renting. In the first few years it may be cheaper to rent. But over time, as the interest portion of your mortgage payment decreases, the interest you pay will eventuall be lower than the rent you would have paying.  But more importantly, you are not throwing away all that money on rent.

For more information, contanct:

Blackfeet Housing Authority for more information: www.blackfeethousing.org,  406.338.5031

Contributer.(February 28, 2014).  "Freshen Up On The 7 Financial Benefits Of Home Ownership This Tax Season".  October 24, 2016, Forbes:  www.forbes.com/sites/trulia/2014/02/28/freshen-up-on-the-7-financial-benefits-of-home-ownership-this-tax-season/#260dc60a620e.
Land Buy-Back Assessment Survey information

The Piikani Money Campaign surveys were completed at three junctures of the campaign, the first survey was before the Blackfeet Land Buy-Back offers were sent, the second, the Follow-up (mid) survey was conducted after the offers we accepted and delivered to recipients and the final report was completed approximately six months after the Buy-Back payments were dispursed and recipients could accurately tell us how they spent thier monies and if the financial literacy information was utilized.

Below you will find all three surveys, measuring the effectiveness of the Piikani Money, financial literacy, campaign.

Pre-Assessment Report
Follow-up Assessment Report
Final Assessment Report
The On Reservation vs Off Reservation Report shows the impact of the campaign by comparing people in the target campaign area compared to people off reservation who were less influenced by the campaign, or not influenced at all by the campaign. Very informative on the impacts of the campaign.
On/Off Reservation Report

*Many thanks to all who took our surveys, you were instrumental in helping us to better serve our community.