1512, Section 1400 and our Executive Order 11625, to be eligible for MBDA assistance, a concern must be BOTH a minority business enterprise, which is a business enterprise that is owned or controlled by one or more socially or economically disadvantaged persons AND a member of one of the following eligibility groups: Blacks, Puerto-Ricans, Spanish-speaking Americans, American Indians, Eskimos and Aleuts, Hasidic Jews, Asian Pacific Americans, and Asian Indians. As this sort of assistance tends to vary from town to town, it is a good idea to check in with a local magistrate before purchasing a home. In addition, because there is no interest on the money and no monthly payment it makes it a little easier to qualify for a mortgage.