Grants for First Time Home Buyers in Kentucky
$20,000 Grant Money Available for Kentucky Home Buyers – First-Time Home Buyers Assistance!
Are you a first-time home buyer in Kentucky looking for financial assistance? The Federal Home Loan Bank has created a special fund to help low-to-moderate income families achieve homeownership. This $20,000 grant is designed to assist home buyers with down payments and closing costs, making it easier to secure a home without the burden of large upfront expenses.
Grant Money for First-Time Home Buyers in Kentucky
The Federal Home Loan Bank grant is an excellent opportunity for Kentucky home buyers who meet income requirements. If you're struggling with saving for a down payment or need extra funds for closing costs, this program can help. Funds are limited and will be available starting March 3rd until they are reserved.
Household Income Limits Per County
To qualify for this home buyer grant, your household income must fall within the limits set for your county. Below are the income eligibility requirements for households with 1-2 persons and 3+ persons:
| County | 1-2 Person(s) Income Limit | 3+ Persons Income Limit |
|---|---|---|
| Nelson | $73,284 | $84,277 |
| Washington | $73,796 | $84,866 |
| Larue | $74,596 | $85,786 |
| Hardin | $74,596 | $85,786 |
| Bullitt | $77,120 | $88,688 |
| Marion | $68,544 | $79,968 |
| Jefferson | $77,120 | $88,688 |
| Anderson | $73,076 | $84,038 |
| Franklin | $73,588 | $84,626 |
| Woodford | $76,160 | $87,584 |
| Mercer | $73,684 | $84,737 |
Other counties may be available for eligibility.
Who Can Apply for This Home Buyer Grant?
This program is designed for low-to-moderate income households who need financial assistance to purchase a home. It is ideal for first-time home buyers in Kentucky looking for an affordable way to buy a home without high out-of-pocket costs.
Benefits of This Grant for Kentucky Home Buyers
- Receive $20,000 in grant money for down payment and closing costs.
- Helps first-time home buyers afford a home sooner.
- Makes homeownership more accessible for low-to-moderate income families.
- Available in multiple counties across Kentucky.
How to Apply for the Kentucky Home Buyer Grant
Funds for this program will be available starting March 3rd and will be distributed on a first-come, first-served basis. If you're interested in applying, it's essential to get pre-qualified as soon as possible.
For more information on qualifying for this first-time home buyer grant in Kentucky, or to start your application, contact Joel Lobb, Senior Loan Officer at American Mortgage Solutions, Inc.
📞 Call/Text: (502) 905-3708
📧 Email: kentuckyloan@gmail.com
🌐 Website: MyLouisvilleKentuckyMortgage.com
Act Fast – Funds Are Limited!
If you're a first-time home buyer in Kentucky, this $20,000 grant could be the key to owning your dream home. Don't wait until funds run out—start your home buying journey today!
