Marshall Islands Development Bank offers 3 different housing programs to choose from. MIDB Housing, Self-Help and 502 Direct. Each different from the other as far as Term, Rate and Amount.
MIDB offers different programs to choose from. Depending on your approach to a new home, MIDB can help find one that suits your plan. MIDB also works with USDA- Rural Development to assist any who qualify.
Self-Help: The construction method by which an individual family utilizes their labor to reduce the construction cost of their home without an exchange of labor between participating families. Unless otherwise authorized by the District Director, this method is only funded for repair and rehabilitation type construction.
