This is only a brief overview of the Welcome Home Program. Complete details, limits, requirements, definitions, and guidelines are contained in the 2023 Welcome Home Guide.

What is the Welcome Home Program?

The Welcome Home Program offers grants to fund reasonable down payments and closing costs incurred in conjunction with the acquisition or construction of owner-occupied housing by low- and moderate-income homebuyers. The grants are limited to $15,000 for homebuyers who are honorably discharged veterans, active duty military personnel, reservists, or surviving spouses of service personnel and $10,000 for all other homebuyers. All funds are reserved for specific homebuyers purchasing specific homes and cannot be transferred to other homebuyers or to other homes. Welcome Home funds will be available for reservation on a first-come, first-served basis beginning at 8:00 AM ET on February 6th, 2023, and July 6th, 2023 and will remain available until all funds have been reserved.

Who can use Welcome Home?

The FHLB has established a set-aside of Affordable Housing Program (AHP) funds to help create homeownership. These funds are available to members as grants to assist their mortgage loan applicants in the home buying process. This is our most widely used program, ideally suited to the needs of community lenders and their customers. 

How do I apply?

Homebuyers can apply with one of the following local institutions. 

Citizens Bank

Dynamic Federal Credit Union

Homes Savings Bank

Liberty Bank

Minster Bank

Osgood Bank

Peoples Bank

Peoples Federal Savings and Loan

Premier Bank

Superior Credit Union

The Union Bank Co.

TopMark Federal Credit Union

US Bank

to search for another institution, click here.

Income Limits for do apply and are as follows by county for households of 1-2 persons.

Auglaize $70,320 

Allen $66,640

Mercer $66,640

Shelby $68,720

Logan $66,640

for a complete list of income limits, click here.