Housing

Siletz Tribal Housing Department (STHD)

555 Tolowa Court
P.O. Box 549
Siletz, OR 97380-0549
Front Reception: (541) 444-8322
Toll-Free: (800) 922-1399 extension 1322
Fax: (541) 444-8313

Siletz Tribal Housing Department's Mission Statement

With funds provided by the Native American Housing Assistance and Self-Determination Act and other resources, the Confederated Tribes of Siletz Indians (CTSI) will continue the operation of a housing program whose overall mission will be to ensure that low income Siletz Tribal Members have the opportunity to obtain housing that meets his/her needs, is affordable, and provides a safe, healthy living environment.

Housing

Down Payment Assistance

Confederated Tribes of Siletz Indians
Down Payment Assistance Program
PO Box 21773 Keizer OR 97307
Phone (503) 390-9494
Toll Free (888) 870-9051
Fax (503) 390-8099

How the Program Works:

The purpose of this program is to provide expanded home ownership opportunities for Tribal Members of the Confederated Tribes of Siletz Indians (CTSI) by providing down payment assistance to below median income households and leveraging other private funding. This program is available nationwide. CTSI is a direct recipient of Indian Housing Block Grant (IHBG) funds from the Federal Government through Housing and Urban Development or HUD. IHBG is governed by the rules and regulations set forth at 24 CFR Part 1000.

The Confederated Tribes of Siletz Indians is now offering forgivable grants of $15,000, to assist with down payment and closing costs for the purchase of a home. The full amount of the conditional grant will be forgiven after five years from the date on the Agreement, if the beneficiary complies with the following:
        a) maintains the home as their principal residence , and;
        b) remains in compliance with all funding sources which have a lien on the property, and;
        c) maintains replacement value hazard and/or flood insurance , and;
        d) pays all required real property taxes.

If all terms are met, the CTSI conditional grant will be fully forgiven at the end of the five year term from the date of the Agreement. During the five year period, it will be forgiven on pro-rated basis of one fifth (1/5) per year, with amounts pro-rated on a monthly basis for partial year. Funds are limited and applications are accepted on a "first-come, first-served" basis.

DPA may be combined with any type of primary loan product that has a fixed rate of interest with an amortization period of no more than 40 years.