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. A current list of participating members will be posted as the round opens.

2026 Round

The 2026 round opens May 28. Join our kickoff webinar on March 3 to receive information on the upcoming round, including funding amounts, requirements and deadlines.

Register here

Getting started with Revive

• How do FHLBank Indianapolis members access Revive funds?

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

  Program materials for the 2025 round are now available! See Revive Resources below for more information.

• 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.
    • HUD Income Limits
  • Own your primary residence. (see guidelines for further detail)
  • Be paid as agreed on any existing mortgage or property tax obligation.

  To access Revive funds:

  • Homeowners must work through one of our participating FHLBank Indianapolis Member institutions. Complete program requirements are detailed in the resources below.

Revive resources

• Revive guidelines and application docs

  2025 Revive guidelines

  2025 updates bulletin

  2025 income guidelines

  2025 Revive application

  Revive contractor selection confirmation (CSC)

  Threshold requirements for submissions

• Income related documents and forms

  2025 Income guidelines

  How to find HUD income limits

  Certification of zero income

  Income documentation guide

  Household information income worksheet

  Income calculation workbook

  Verification of employment form - Fannie Mae version

• Revive informational materials

  Homeownership Initiatives FAQ for households

  Homeownership Initiatives FAQ for members

  Threshold requirements for submissions

  How to find HUD income limits

  Revive contractor selection tips

  Revive marketing flyer

• Revive post-closing documents

  Revive rehab completion statement

• Revive training and .GIVES resources

  FHLBI.GIVES user guide

  Revive application submission guide for FHLBI.GIVES

  General guidance for documenting and calculating income (video)

  Revive post-funding requirements and process guide

  FHLBI.GIVES adjustment requirements and process guide