Down Payment & Closing Cost Grant

Down Payment & Closing Cost Grant is a grant for homebuyers in Multiple County, Oklahoma. Comanche Nation Housing Authority grant providing down payment and closing cost assistance to enrolled Comanche tribal members purchasing within the Comanche service area in southwest Oklahoma. Comanche Nation Housing Authority grant program providing down payment and closing cost assistance to enrolled Comanche tribal members purchasing a primary residence within the Comanche service area in southwest Oklahoma. Grant up to ~$15,000 — no repayment if owner-occupancy maintained. Funding comes from Federal, HUD, NAHASDA, IHBG, and Tribal.

Down Payment & Closing Cost Grant is structured as a grant, so it is not repaid. Repayment is triggered by No repayment — grant and owner must maintain 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.

Down Payment & Closing Cost Grant is open to homebuyers who will live in the home as their primary residence. On credit, the program states: 620 minimum FICO typical; lender overlays apply. A homebuyer education course is required, through Comanche Nation Housing Authority homebuyer education and HUD-approved native homebuyer counseling. Residency requirement: Property within Comanche tribal service area in southwest Oklahoma. Citizenship or immigration status: Enrolled Comanche Nation tribal member. Enrolled Comanche Nation tribal member (CDIB/tribal enrollment card). Property within Comanche tribal service area (Caddo, Comanche, Cotton, Grady, Jefferson, Kiowa, Stephens, Tillman counties — southwest Oklahoma). Owner-occupied primary residence. CNHA homebuyer education required. Income $58,352-$137,544 by household size (80%-110% AMI tiered).

Down Payment & Closing Cost Grant limits household income to 110% of the area median income, which varies by county and household size. Household income $58,352 (1 person) to $137,544 (8 person) — tiered 80% to 110% AMI for Comanche 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.

Down Payment & Closing Cost Grant caps the purchase price as follows: Reasonable purchase price for primary residence in Comanche service area. Eligible property types include Single-family detached, condo, townhouse, manufactured (with land). New construction is eligible. Manufactured homes are eligible.

Down Payment & Closing Cost Grant names veterans, active-duty service members, reservists and National Guard members, surviving spouses, and American Indian and Alaska Native homebuyers 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.

Down Payment & Closing Cost Grant serves homebuyers purchasing in Multiple County, Oklahoma. The program targets specific areas: Comanche tribal service area — Caddo, Comanche, Cotton, Grady, Jefferson, Kiowa, Stephens, Tillman counties (southwest Oklahoma).

Applications for Down Payment & Closing Cost Grant go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Apply via Comanche Nation Housing Authority; first-come first-served per annual allocation. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.