Grand Traverse Band NAHASDA Down Payment Assistance Program

What is Grand Traverse Band NAHASDA Down Payment Assistance Program?

Grand Traverse Band NAHASDA Down Payment Assistance Program is a forgivable loan for homebuyers in Peshawbestown, Michigan, administered by Grand Traverse Band of Ottawa and Chippewa Indians Housing Department.

• A NAHASDA-funded grant of up to $15,000 to help income-qualifying enrolled Grand Traverse Band members purchase or build a home within the Tribe's six-county service area. The grant carries a 10-year ownership-retention requirement and is forgiven 10% per year. Funds may be used on Tribal Trust or Fee Simple land for new, stick-built, manufactured, or modular homes; land contracts and lease-to-own are excluded.
• Up to $15,000 grant.
• 0% interest, forgiven over 10 years.
• Usable on trust or fee land.
• New, manufactured, and modular homes eligible.
• Anti-predatory lending protection.
• This is a federal program, so it is available beyond a single state or city.
• Funding comes from NAHASDA / Indian Housing Block Grant (HUD ONAP).

How much assistance does it provide?

Grand Traverse Band NAHASDA Down Payment Assistance Program offers up to $15,000 in assistance.

• Amounts are the program's published maximums, not an offer — Grand Traverse Band of Ottawa and Chippewa Indians Housing Department determines any individual award.

Do you have to pay it back?

Grand Traverse Band NAHASDA Down Payment Assistance Program is forgiven after 10 years, so a buyer who stays that long does not repay it.

• Repayment is triggered by Sale or transfer of ownership before the 10-year retention period without reinvesting proceeds in a new dwelling; repaid on declining balance with 10% forgiven annually.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Grand Traverse Band NAHASDA Down Payment Assistance Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Grand Traverse Band NAHASDA Down Payment Assistance Program limits household income to 80% of the area median income, which varies by county and household size.

• Low-Income Family: income not exceeding 80% of area median income (NAHASDA), adjusted for family size; all income counted including per-capita distributions. Leelanau County median used as baseline.
• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Grand Traverse Band NAHASDA Down Payment Assistance Program can be used for Single Family, Manufactured, Modular, and New Construction.

• New construction is eligible.
• Manufactured homes are eligible.

Is there eligibility for specific groups?

Grand Traverse Band NAHASDA Down Payment Assistance Program names American Indian and Alaska Native buyers among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Grand Traverse Band NAHASDA Down Payment Assistance Program is a federal program, so it is not limited to Michigan.

• The program targets specific areas: GTB six-county service area.

How do you apply?

Applications for Grand Traverse Band NAHASDA Down Payment Assistance Program go through Grand Traverse Band of Ottawa and Chippewa Indians Housing Department, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Pathways Home Homebuyer Education Course (GTB Housing).

2. 2

   Contact Grand Traverse Band of Ottawa and Chippewa Indians Housing Department to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.