Down Payment Assistance Program
The Down Payment & Closing Cost Assistance (DPA) Grant is designed to help low-income, federally recognized Native American tribal members, prioritizing Peoria and Ottawa tribes, afford a down payment on a home. Those not considered low-income may also apply, assistance amount is dependent on annual household income. The Peoria Housing Authority approves one grant from non low-income applications per year. This program aims to facilitate the process of securing a loan for purchasing a primary residence.
For application forms or assistance, visit or call the Peoria Housing Authority. Please note, only complete applications will be considered.
- 3606 Sencay Avenue, Miami, OK
- Monday to Friday, 8:00 AM to 4:30 PM
- (918) 542-1873
Eligibility Guidelines
Eligibility for this program requires that your household income does not surpass HUD Income Guidelines. The amount of funding you can receive from the PHA DPA Grant varies based on your income, with a maximum of 20% of the home’s purchase price or up to $18,000. Those above the low-income threshold can still apply but may receive a reduced amount, limited to one application per year.
Persons in Family
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
|---|---|---|---|---|---|---|---|---|
| 80% | $54,768 | $62,592 | $70,416 | $78,240 | $84,499 | $90,758 | $97,018 | $103,277 |
| 100% | $68,460 | $78,240 | $88,020 | $97,800 | $105,624 | $113,448 | $121,272 | $129,096 |
FAQs
How do I get qualified for a down payment assistance grant through the PHA?
Submit a complete application, meet income guidelines and live within the PHA service area.
Do I have to be a first time homeowner?
No, but you cannot have been a previous recipient of the grant.
What expense does the down payment assistance grant cover?
Down payment assistance, and any other monies needed for closing.
What is the maximum amount I can receive?
The maximum amount an applicant can receive is 20% of the purchase price up to $18,000. Non low income assistance is available at a lower assistance amount, however; it is limited to one per year.
Are there income guidelines?
Yes. See HUD Income Guidelines.
Do I have to repay the down payment & closing cost grant that I receive from the PHA?
Not if you remain in accordance with the terms of the Useful Life Agreement. Call for more information
