Welcome Home

Thinking about buying a home? Up to $5,000 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 $5,000 based on documented need.
  • Funds will be made available on March 1, 2021, 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 home buyers 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.
  • Honorably discharged veterans and active duty military homebuyers may receive Welcome Home grants up to $7,500*.
  • Homebuyers who are a member of the United States National Guard, Military Reserves, or a surviving spouse of military personnel may also be eligible to receive grants up to $7,500*.

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.