Revive – Home Repair Grant
Preserving homeownership through assistance for deferred maintenance repairs and accessibility upgrades
Revive – Home Repair Grant is an annual program that allows our member financial institutions to support existing homeowners with assistance for qualified deferred maintenance repairs and accessibility upgrades. Revive can help homeowners afford certain costly repairs and accessibility upgrades, allowing them to retain home value and age in place.
Please note: FHLBank Indianapolis does not distribute grant funds directly to households. Homeowners who are interested in this program must contact and work with a participating member to access the Revive – Home Repair Grant. A current list of participating members will be posted as the round opens.
2026 Round
The 2026 round opens May 28. Join our kickoff webinar on March 3 to receive information on the upcoming round, including funding amounts, requirements and deadlines.
Register here
Getting started with Revive
How do FHLBank Indianapolis members access Revive funds? Member financial institutions must submit a Homeownership Initiatives Master Agreement and a Homeownership Initiatives Registration-Certification. Annually funds are disbursed on a first-come, first-serve basis. These documents will be available when 2026 Program Registration opens in March.
- How do homeowners qualify for and access Revive funds?
To qualify for Revive, you must:
- Have total household income at or below 80% of Area Median Income (AMI) based on household size.
- Own your primary residence. (see guidelines for further detail)
- Be paid as agreed on any existing mortgage or property tax obligation.
To access Revive funds:
- Homeowners must work through one of our participating FHLBank Indianapolis Member institutions. Complete program requirements are detailed in the resources below.
Revive resources