Native American Rural Homeownership Improvement Act of 2023

This bill creates a $50 million annual set-aside in the Housing Act of 1949 to fund direct loans to Native-owned community financial institutions (CDFIs) that serve Native American, Alaska Native, and Native Hawaiian communities. These institutions must use the funds to provide mortgages for individuals who are tribal members or live in households with tribal members, with priority given to borrowers residing on "priority Tribal land" (including reservations, trust lands, and Hawaiian Home Lands). The bill requires these institutions to match 20% of loan amounts (waived for priority areas) and mandates annual reports tracking loan numbers, amounts, and distribution by tribal land status. It also allocates $1 million yearly for technical assistance to support outreach and program implementation.