Affordable housing and economic development are an important part of our mission. The Federal Home Loan Bank of Cincinnati (FHLB) plays a vital role in supporting affordable housing and economic development initiatives throughout our Fifth District states of Kentucky, Ohio and Tennessee.
The FHLB offers a range of flexible programs to help our member financial institutions and housing partners build strong communities, whether it involves single-family housing, housing for special needs households, community infrastructure or job creation.AHP Application OASYS Login
AHP is our largest initiative. Grants of up to $1 million are awarded on a competitive basis and can fund both ownership and rental projects.
Welcome Home is our most widely used program, providing grants of up to $5,000 for low- and moderate-income homebuyers.
Households affected by natural disasters can qualify for help with repairing, rebuilding or acquiring a new home through the DRP.
The FHLB provides discounted Advances to support housing and economic development. These loans are available year round.
The ZIF provides zero-interest loans to promote housing and economic development, helping to fund upfront infrastructure costs.
Special needs and elderly households in need of accessibility modifications or emergency repairs may receive up to $7,500 through this fund.
FHLB Volunteers with Jimmy and Rosalynn Carter Work Project in Nashville
FHLB Cincinnati and three member institutions helped build a home for a deserving family at the Carter Work Project in Nashville.