Accessibility Modification Program (AMP)

• HOW DO FHLBANK INDIANAPOLIS MEMBERS ACCESS AMP FUNDS?

  Member financial institutions must submit a Homeownership Initiatives Master Agreement and a Homeownership Initiatives Registration-Certification form found below.  Annually funds are disbursed on a first-come, first-serve basis.

  See the 2020 AMP Guidelines for more details.
  
  2020 Homeownership Initiatives Master Agreement (Word Doc)
  2020 Homeownership Initiatives Registration-Certification (Word Doc)
  
  FHLBI.GIVES User Registration Form (Word Doc)
  FHLBI.GIVES Registration Guide
  FHLBI.GIVES User Guide

• HOW DO HOMEOWNERS QUALIFY FOR AND ACCESS AMP FUNDS?

  To be eligible for AMP, you must live in a household where: 

  • Residence is in Indiana or Michigan

  • Households are:
    • All household members are age 62 or older; or
    • All household members are age 62 or older and age 17 or younger where the household member age 62 or older is the guardian of the younger household members; or
    • A household member of any age has a permanent disability and is currently receiving permanent disability benefits.

  • Be at or below 80% Area Median Income.
  • Have owned and occupied the home at least six months prior to enrollment.
  • Own a single-family home, condominium or modular unit (duplexes with certain restrictions).
  • Be current and paid as agreed to any existing mortgage obligation.

  To access AMP funds:

  • Homeowners must work through one of our participating FHLBank Indianapolis Member institutions.

• Program Information

  Affordable Housing Implementation Plan
  Income Calculation Guidelines: Attachment D of 2020 Implementation Plan
  AMP Guidelines: Attachment I of 2020 Implementation Plan
  AMP Fact Sheet
  HOP, NIP, and AMP Frequently Asked Questions

• Forms and Documents

  AMP Application
  Contractor Selection Confirmation
  Verification of Employment (FNMA 1005)
  Zero Income Affidavit
  AMP Disability Verification Form
  AMP Rehabilitation Closing Statement (Excel)
  Standalone Income Calculation Workbook (Excel)
  Supplemental Income Calculation Worksheet (Excel)
  Adjustment Verification Form