Down Payment & Closing Cost Assistance

What is Down Payment & Closing Cost Assistance?

Down Payment & Closing Cost Assistance is a grant for homebuyers in Multiple County, Oklahoma.

• Citizen Potawatomi Nation Housing Department grant program providing down payment and closing cost assistance to enrolled CPN tribal members purchasing a primary residence within the CPN service area. NAHASDA-funded, no repayment grant.
• Grant-based down payment and closing cost assistance for enrolled Citizen Potawatomi Nation tribal members purchasing a primary residence within the CPN tribal service area in central Oklahoma. Grant typically up to $10,000 toward down payment, closing costs, and reasonable prepaid items. NAHASDA/IHBG-funded — no repayment required if program conditions met (owner-occupied for affordability period).
• Funding comes from Federal, HUD, NAHASDA, IHBG, and Tribal.

Do you have to pay it back?

Down Payment & Closing Cost Assistance is structured as a grant, so it is not repaid.

• Repayment is triggered by No repayment — grant and owner must remain in home as primary residence per affordability period.
• The assistance is recorded in 2nd Lien position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Down Payment & Closing Cost Assistance is open to buyers who will live in the home as their primary residence.

What are the income limits?

Down Payment & Closing Cost Assistance limits household income to 80% of the area median income, which varies by county and household size.

• Household income $54,768 (1 person) to $84,499 (larger household) per CPN/HUD IHBG 80% AMI limits for the CPN service area.
• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• 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?

Down Payment & Closing Cost Assistance caps the purchase price as follows: Reasonable purchase price for primary residence in CPN service area; subject to appraisal and lender requirements.

• Eligible property types include Single-family detached, condo, townhouse, modular, manufactured (with land).
• New construction is eligible.
• Manufactured homes are eligible.

Is there eligibility for specific groups?

Down Payment & Closing Cost Assistance names veterans, active-duty service members, reservists and National Guard members, surviving spouses, and 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?

Down Payment & Closing Cost Assistance serves buyers purchasing in Multiple County, Oklahoma.

• The program targets specific areas: Citizen Potawatomi Nation tribal service area in central Oklahoma (Pottawatomie, Cleveland, Lincoln, Oklahoma, Payne, and surrounding counties).

How do you apply?

Applications for Down Payment & Closing Cost Assistance go through the administering agency, 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 CPN Housing Department homebuyer education plus HUD-approved native homebuyer counseling (NeighborWorks/AIO Native Homebuyer Education).

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved through Apply via CPN Housing Department; first-come first-served per annual NAHASDA allocation, 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.