WELCOME HOME PROGRAM

Limited funds are available on a first-come, first-served basis beginning March 3, 2025 at 8:00 am EST

RECEIVE UP TO $20,000 TO PURCHASE A HOME!

Community Trust Bank is pleased to offer the Welcome Home Program through the Federal Home Loan Bank of Cincinnati.  This special program provides grants of up to $20,000 for eligible homebuyers to assist with down payment and closing costs through the Welcome Home Program (WHP). Homebuyers must apply and qualify for a mortgage loan to utilize the grant.   Welcome Home is a program designed to make the dream of home ownership possible for low- and moderate- income homebuyers!

AM I ELIGIBLE?

To be eligible, homebuyers must meet the following requirements:

• The total income for all occupants is at or below 80 percent of the Mortgage Revenue Bond limit for the county where the property is located.
• Property will be primary residence in single family, townhome, condominium, duplex, multi-unit (up to four family units) or a qualified manufactured home.
• Do not need to be a first-time homebuyer to qualify.
• Homeownership counseling required for first-time homebuyers.
• Homebuyers must contribute a minimum of $500 of their own funds.
• Warranty Deed Restriction for 5-year period. If the home is sold or refinanced during the retention period, you may be required to pay back a prorated amount of the Welcome Home Program grant.

Lean More from the FHLB Cincinnati

HOW DO I APPLY?

Call or visit your local Community Trust Bank location today to apply!

Hours and Locations

Certain restrictions and qualifications apply.  Subject to credit approval.  The property will be subject to a legally enforceable five-year retention mechanism, included in the Warranty Deed or as a Declaration of Restrictive Covenants to the Warranty Deed, requiring the FHLB Cincinnati be given notice of any refinancing, sale, foreclosure, deed in-lieu of foreclosure, or change in ownership during the five year retention period.