Grand Traverse Band RAO Down Payment Assistance Program

What is Grand Traverse Band RAO Down Payment Assistance Program?

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

• A one-time GTB Tribal-funded down payment assistance grant equal to the lesser of 10% of total home cost or $15,000, for income-eligible enrolled members buying or building within the six-county service area. Funds may be used on Tribal or fee-simple land for new construction or manufactured homes that meet code and inspection standards. Mutually exclusive with the GTB NAHASDA DPA program.
• Grant of 10% of home cost (max $15,000).
• 0% interest, one-time grant.
• Usable on trust or fee land.
• Manufactured and new homes eligible.
• Anti-predatory lending protection.
• Funding comes from Grand Traverse Band Tribal funds (RAO).

How much assistance does it provide?

Grand Traverse Band RAO 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 RAO Down Payment Assistance Program is structured as a grant, so it is not repaid.

• Repayment is triggered by One-time grant; standard GTB ownership/retention terms apply (retention agreement signed at closing).
• 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 RAO 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 RAO Down Payment Assistance Program sets its income limit as follows: Proof of all household income required; income eligibility required. Specific percent/threshold not stated for the RAO program on the primary source.

• 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 RAO 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 RAO 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 RAO Down Payment Assistance Program serves buyers purchasing in Peshawbestown, Michigan.

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

How do you apply?

Applications for Grand Traverse Band RAO 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 Home Buyer Classes.

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.