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Welcome Home Program

Thinking about buying a home?


Up to $20,000 may be available to you with a grant through the Welcome Home Program*.

The Welcome Home Program is a grant that helps those that want to buy a home but are in need of additional funds to help cover the down payment and closing costs.














  • Homebuyers may be eligible to receive up to $20,000 based on documented need.
  • Funds will be made available on March 1, 2024, and are available on a first come, first served basis.
  • First State Bank will work with homebuyer to gather documentation to submit application to reserve funds.
  • Funds are available for homebuyers to purchase a primary residence only.
  • Funds may be used only to help households whose incomes are at or below 80% of Mortgage Revenue Bond (MRB) income limits, as adopted by state housing finance agency, adjusted for family size.
  • Homebuyers must contribute at least $500 of their own funds towards the down payment and closing costs.
  • A homebuyer counseling program must be completed.
  • Funds can be used towards new home construction.
  • Funds may be used towards traditional mortgage or government loan such as VA, USDA or FHA.
  • Grants are available up to $25,000 for honorably discharged veterans, surviving spouses of military personnel, and active duty military homebuyers*.

Funds are limited, so don’t wait, contact one of our loan officers to learn more. For complete program details, visit www.fhlbcin.com.

*In order to receive funds, qualifications will apply. Equal Housing Lender.