BUILDING SUPPORT, STABILITY, AND STRENGTH THROUGH HOMEOWNERSHIP

Each year, our Homeownership Initiatives offer access to grants so our members can make the dream of homeownership a reality for their customers. These programs support and assist low- to moderate-income families in Indiana and Michigan.

The grant programs we offer include:

• the Homeownership Opportunities Program (HOP) to help first-time homebuyers with down payment assistance
• the Neighborhood Impact Program (NIP) to assist income-eligible homeowners with home repairs; and
• the Accessibility Modifications Program (AMP)  to aid seniors and households with disabled family members with home modifications that will allow them to remain in their current homes.
• the Disaster Relief Program (DRP) is a program available at the discretion of the FHLBank Indianapolis Board of Directors to aid those affected by natural disasters in Indiana or Michigan.

Interested in learning how you can use this program to help your customers? Click through to the pages below, and you'll find the resources you need to start using our programs.

For Homeowners and potential homeowners

Are you a looking for assistance in utilizing one of our Homeownership Initiatives? Find a participating FHLBank Indianapolis member below.

Funding for the 2021 round of the Homeownership Initiatives has been exhausted. An announcement for the 2022 round will be made in Spring 2022.

Find a participating member

NOTE: In order to use HOP, NIP, AMP, or DRP, you must work through a participating FHLBank Indianapolis member institution.