WHAT IS HOP?

The Homeownership Opportunities Program (HOP) is a grant to help qualifying first-time home buyers with down payment and closing cost assistance. 

Funds can only be accessed by participating FHLBank Indianapolis Member financial institutions.

For Potential Homeowners

Are you a looking for assistance in utilizing HOP? Find a participating FHLBank Indianapolis member below.

Find a participating member

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

Homeownership Opportunities Program (HOP)

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2021 HOMEOWNERSHIP INITIATIVES FUNDS STATUS

Funds for the 2021 round of the Homeownership Initiatives (HOP/NIP/AMP) are now available.

FUNDS REMAINING: $3,170,261

As of 5/11/2021

AMI Lookup - HOP/NIP/AMP

Select the State, County, MSA, and Household Size to view the AMI percentage income limits.






The AMI Calculator is for reference. All grants are awarded according to the Implementation Plan.