Revive – Home Repair Grant
Preserving homeownership through assistance for deferred maintenance repairs and accessibility upgrades
Revive – Home Repair Grant is an annual program that allows our member financial institutions to support existing homeowners with assistance for qualified deferred maintenance repairs and accessibility upgrades. Revive can help homeowners afford certain costly repairs and accessibility upgrades, allowing them to retain home value and age in place.
Please note: FHLBank Indianapolis does not distribute grant funds directly to households. Homeowners who are interested in this program must contact and work with a participating member to access the Revive – Home Repair Grant. Please see the link below for a current list of participating members.
Participating Members
2026 Round
The 2026 round opens May 28. Member financial institution staff should view the program kickoff webinar for an overview of the upcoming round, including funding amounts, requirements and deadlines.
Register for the Revive program training on April 21 for additional information.
Getting started with Revive
How do FHLBank Indianapolis members access Revive funds? Member financial institutions must submit the Homeownership Initiatives Master Agreement and Homeownership Initiatives .GIVES registration forms linked here.
- How do homeowners qualify for and access Revive funds?
To qualify for Revive, you must:
- Have total household income at or below 80% of Area Median Income (AMI) based on household size
- Own your primary residence
- Be paid as agreed on any existing mortgage or property tax obligation.
Prospective homebuyers work with the chosen FHLBank Indianapolis member institution to access the funds, never directly with FHLBank Indianapolis.
See the list of participating members above to connect with a member institution offering this program.
Revive resources