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V. 30
no. 1
January :hly publication by the Confederated Tribes of Siletz Indians
2002
ILETZNEWS
Vol. 30, No. 1, January 2002
Down Payment
Program
Celebrates Third
Anniversary
Veterans
Represent Siletz
Tribe at NCAI
In October 1998, CTSI/SIHA
started developing a down payment
grant program. Since then, the Down
Payment Assistance Program has
funded 64 grants totaling $1,172,022.
The Siletz Tribe’s finance office in
Salem, Ore., has helped homebuyers in
seven states - Oregon, Washington,
Utah, California, Texas, Idaho,
and Wisconsin - plus the District
of Columbia.
Program Highlights
The Down Payment Assistance
Program was created to help first-time
homebuyers purchase a new or existing
home. The program grants up to 20
percent of the purchase price
(maximum $20,000) to be used as a
down payment to purchase a home.
The tribal member is required to
live in the home for five years; at that
point, the grant is forgiven. For
example, if a qualified tribal member
purchased a house for $90,000, the
down payment grant would be $ 18,(XX).
If another tribal member purchased a
house for $ 105,000, the down payment
grant would be $20,000, not $21,000,
which exceeds the $20,000 maximum.
The applicant’s total household
income must be less than 80 percent of
median income as determined by HUD;
the limits imposed are adjusted by area.
Tribal members living in higher cost of
living areas will have a higher limit than
those living in rural areas.
See Down Payment on page 8.
Siletz News
Confederated Tribes of Siletz
P.O. Box 549
Siletz, OR 97380
Delores Pigsley, Tribal Chairman
Brenda Bremner, General Manager
and Editor-in-Chief
Revolving
Credit Program
Closes First Loan
On Nov. 27, 2001, the Siletz Tribe
Revolving Credit Program (STRCP)
closed its first loan, a $10,000 home
improvement loan. The borrower will
use the proceeds to remodel her kitchen
and bathroom.
The STRCP currently offers loans
to tribal members for home
improvements. Potential uses include a
new roof, new siding, carpeting, room
additions, new furnace, and appliances.
The current interest rate is 7.75
percent with repayment terms of up to
84 months. For more information about
the Home Improvement Loan Program,
call Dave Litchy at the Salem Finance
Office, 503-304-4064 or 1 -888-870-9051.
University of Oregon Library
/ Received on: 01 w'
K Siletz news
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Siletz Tribal veterans represented
the tribe during the opening ceremonies
of the National Congress of American
Indians conference in Spokane, Wash.,
in November.
Elders Coordinator Kathryn Dick
drove four veterans to the conference.
Gilbert Towner Jr. (who met the
group at the conference), Walt Klamath,
Ed Ben, and Tina Wooten (pictured at
left) formed a color guard. The many
color guards involved in these
ceremonies eventually filled the front
of the huge room at the Spokane
Convention Center in which many
general assemblies were held during the
week-long conference.
Eddie Collins (pictured below left)
joined other veterans in introducing
himself to the crowd.
Waleeksa Riding In represented the
Siletz Tribe at the Miss NCAI pageant.
Tina was a member of the honor guard
during the pageant.
See a recap of Waleeska’s activities
on page 6, plus additional details of the
conference in the chairman’s report on
page 3.
What’s Inside
Letters to the Editor
Chairman’s Report
Tribal Programs
Notices
Tribal Member News
Tribal Council Timesheets
Siletz Clinic
Chinook Winds
Passages
PRESORTED
FIRST CLASS
U.S. POSTAGE
PAID
SILETZ, OR 97380
PERMIT NO. 2
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