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.
Member financial institutions interested in Revive should register for our upcoming 2025 program training webinar on February 27.
Current homeowners may access Revive funds by working with a participating member institution. A list of participating institutions will be posted as the program round opens.
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.
Materials for the 2025 round of Revive will be posted prior to round opening.
- 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. (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. Program requirements will be posted in full prior to round opening.
Revive Resources