The memo discusses the state of Indian housing in the United States, highlighting the need for new units and rehabilitation of existing ones. It mentions a tri-agency agreement between HUD, BIA, and IHS to deliver housing units to Indian people, as well as the Housing Improvement Program. The memo also addresses the Indian Financing Act and the 1974 Housing and Community Development Act, which includes a set-aside for Indian housing. It concludes by inviting members to attend hearings on the issue and providing additional resources for information.