Wednesday, April 1, 2009

Welcome Home Grant

$5,000 Grant Money Available In May 2009!

Per Patty Nichter at Kentucky Home Bank, “The "Welcome Home Grant" is a program from the Federal Home Loan Bank of Cincinnati offers to its member banks to assist eligible first time homebuyers with funds to help cover closing costs or down payment. Each year the amount and program requirements can change. Last year it was a grant of up to $5,000. They have not given us the guidelines or the grant amount for this year at this time - we are expecting the program to be available in early May.”
In 2009 the grant money was given to buyers to pay their down payments and closing cost. The requirements did have income limits included. Please check back for more information on this topic as it becomes available. Julie Moore, Betty Seay Team 502-349-0051.