Disaster Reconstruction Program

This is only a brief overview of the Disaster Reconstruction Program. Complete program information can be found in the 2020 Program Guide.

View our current list of disaster declarations by county to see if your area is eligible.

Program documents and forms


What is the Disaster Reconstruction Program?

Households affected by natural disasters may qualify for help with purchasing, constructing, or repairing their primary residence through the Disaster Reconstruction Program (DRP). Grants of up to $20,000 are available to homeowners in declared disaster areas, and renters can qualify for $5,000 toward the purchase of a home.

The Disaster Reconstruction Program funds were made available for reservation beginning on May 1, 2012. The program will remain open until all funds have been exhausted or the FHLB elects to terminate or suspend the program.


Who Can Use the DRP?

FHLB Cincinnati established the Disaster Reconstruction Program as a standing response to disasters that occur within the Fifth District states of Kentucky, Ohio, and Tennessee. FHLB Members can make a positive impact on their community by offering funds to assist customers in replacing or repairing homes that have been damaged due to a disaster.


What are the Program Requirements?

Only households meeting all of the following requirements will be considered eligible for participation in the program:

  • Household resided within a census tract, Metropolitan Statistical Area (MSA) or County that has been declared a federal or state disaster and their primary residence was damaged or destroyed;
  • Household income equal to or less than 100 percent of the Mortgage Revenue Bond (MRB) income limit for the area in which the household resided at the time of the disaster;
  • Household applies for DRP funds within 24 months of the disaster declaration;
  • Home must be located in Kentucky, Ohio, or Tennessee;
  • Must be a single-family detached home or qualified manufactured home; and,
  • Must be used as the household’s primary residence.

The eligible property assisted with DRP funds may be subject to a five-year retention mechanism (Retention Agreement), which may require the household to repay all, or a portion, of the subsidy, if the home is sold or refinanced within five years from the closing of the transaction.


How Do I Apply?

Information for Homebuyers and Homeowners

Reserving DRP Funds

Households must apply with one of our Member institutions. Click here to search our Member Directory.

All funds will be reserved for households on a “first-come, first-served” basis, but only to the extent that funds are available.

Members may reserve funds via the Disaster Reconstruction Program link through the FHLB’s Members Only portal by submitting an online Reservation Request with supporting documentation. Instructions for accessing Members Only may be found here.

The FHLB will perform a preliminary review of the Reservation Request and supporting documentation to determine household eligibility and availability of funds. Submission of a Reservation Request does not constitute an approval of funds. Funds are reserved only upon the written notification from the FHLB. Once the Reservation Request has been reviewed and approved, the Member and Sponsor have one year for new construction/acquisition projects and six months for rehabilitation projects to complete the transaction and submit documentation to the FHLB.

Please allow two weeks for the FHLB to review the Reservation Request and supporting documentation.

Disbursing DRP Funds

DRP funds will be disbursed only after completion of all work and upon submission of a Funding Request by the Member. Members may submit a Funding Request with supporting documentation via the Disaster Reconstruction Program link through the FHLB’s Members Only portal. Submission of a Funding Request is not an approval of funds disbursement. Once the Funding Request has been reviewed and approved, funds will be disbursed to the Member. The Member is responsible for disbursing the funds to the Sponsor, if applicable.

In the event the FHLB determines that funds were used for an ineligible expense, the grant will be reduced by the amount of the ineligible expense unless another funding source covered the expense. Under no circumstances will the DRP funds be disbursed directly to the household.

Please allow two weeks for the FHLB to review the Funding Request and supporting documentation.


Additional Information and Technical Assistance

For more information or assistance, please contact the Housing & Community Investment Department at (513) 852-7680 or toll-free (888) 345-2246 or email us at drp@fhlbcin.com.

For FHLB's Members Only assistance, please contact our Service Desk at (800) 781-3090.