Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP)

What is Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP)?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) is a forgivable loan for homebuyers in Fulton, Michigan, administered by Nottawaseppi Huron Band of the Potawatomi Housing Department.

• The Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program provides enrolled tribal members residing in Michigan with assistance toward down payment, rate buy-down, and closing costs. Assistance is up to 20% of the primary mortgage, capped at $20,000 per member/household, on homes with a total purchase price not exceeding $175,000. The assistance is a second mortgage forgiven after five years of owner-occupancy, with a graduated recovery schedule on earlier defaults. Funded through NAHASDA / the Indian Housing Block Grant; one award per member per lifetime.
• Up to $20,000 / 20% of the mortgage toward down payment, rate buy-down, and closing costs.
• Forgiven after 5 years of owner-occupancy.
• Home inspection reimbursement up to $500 and origination fee up to 2%.
• One-on-one pre-homeownership counseling.
• Funding comes from NAHASDA and/or the Indian Housing Block Grant.

How much assistance does it provide?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) offers up to $20,000 in assistance.

• Buyer contribution: Applicant pays appraisal, credit report, and inspection fees before closing.
• Amounts are the program's published maximums, not an offer — Nottawaseppi Huron Band of the Potawatomi Housing Department determines any individual award.

Do you have to pay it back?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) is forgiven after 5 years, so a buyer who stays that long does not repay it.

• Repayment is triggered by Default if home ceases to be primary residence within 5 years, on sale/transfer, additional liens, tax/insurance default, foreclosure, bankruptcy, waste, or business use; recovery 100% yrs 0-2, 75% 2-3, 50% 3-4, 25% 4-5, 0% after 5 (100% any time on fraud).
• The assistance is recorded in Second mortgage position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) sets its income limit as follows: Must meet NAHASDA income guidelines; all household income documented (specific dollar limits set by NAHASDA, not stated in ordinance).

• 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?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) caps the purchase price at $175,000.

• Eligible property types include Single Family, Townhouse, Condo, Manufactured, Modular, and New Construction.
• New construction is eligible.
• Manufactured homes are eligible.

Is there eligibility for specific groups?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) 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?

Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) serves buyers purchasing in Fulton, Michigan.

How do you apply?

Applications for Nottawaseppi Huron Band of the Potawatomi (NHBP) Down Payment Assistance Program (DPAP) go through Nottawaseppi Huron Band of the Potawatomi 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 NHBP pre-homeownership counseling (Housing Counselor one-on-one); may contract a third-party seminar..

2. 2

   Contact Nottawaseppi Huron Band of the Potawatomi Housing Department to reserve funds

   Funds are reserved through Subject to budgeted DPAP funding; conditional approval then 3 months to secure first mortgage., 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.