HELPING KEEP FAMILIES IN THEIR HOMES
The Accessibility Modifications Program (AMP) is a program offered by FHLBank Indianapolis that provides up to $15,000 in grant funding for accessibility modifications for eligible senior homeowners and owner-occupied households with a person(s) with a permanent disability.
For individuals with disabilities or aging seniors, an inaccessible home can be a significant and expensive obstacle to overcome. Our members have used AMP awards to help customers in their communities stay in their homes and provide relief from a large financial burden. Members work both directly with their customers and through local housing organizations in order to reach those in need.
In the past, AMP awards have been used by households throughout Indiana and Michigan to pay for modifications such as ramps, grab bars, roll-in showers, widened doorways and much more.
HOW DO members USE AMP?
All Homeownership Initiatives are available to members who have completed the appropriate training found on our training and resources page. After completing training, you must submit the completed agreements as outlined in the training. Upon completion, you will receive information about how to apply for disbursements.
Once a member is approved, they can do the following:
- FHLBank Indianapolis members can request up to $15,000 per household for qualified modifications.
- Up to 50% of the funds requested may be used for deferred maintenance items such as roofing, siding, or windows.
- Members may choose to work with their customers directly and/or through one or more community housing organizations.
Who qualifies for AMP?
To be eligible for AMP, you must live in a household where:
Members income is at or below 80% AMI; and
All members are age 62 or older; or
All members are age 62 or older, or age 17 or younger where the household member age 62 or older is the guardian of the younger household members; or
A member of any age has a permanent disability and is currently receiving permanent disability benefits.
FHLBank Indianapolis Members may work with eligible homeowners directly or through one or more local housing organizations.