Revive – Home Repair Grant

Our Neighborhood Impact Program is now called Revive!

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.

Current homeowners may access Revive funds by working with a participating member institution. See a current list of participating members below.

Staff will host a live training on March 13 for member financial institutions who wish to participate in Revive this year. Register here.

Participating Member Institutions

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 form.  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

• 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