FHLB Cincinnati has partnered with Fahe to administer the Rise Up Program (RUP). This pilot program offers grants of $25,000 for down payment, closing cost, and principal reduction assistance for first-generation homebuyers who are looking to purchase their first home in Kentucky or Tennessee. RUP funds are available on a first-come, first served basis.
Due to the Rise Up Program’s success, the program is now closed and no further applications are being accepted at this time. Thank you for your participation.
Rise Up Program Resources
- Rise Up Program Overview [PDF]
- Instructions for Closing Agents [PDF]
- Retention Language [PDF]
- Sample Release and Satisfaction [PDF]
- Subsidy Payoff Request Form [PDF]
- Subsidy Recapture Procedures
- Self-Certification First-Time First-Generation Form [PDF]
- Certification of Zero Income [PDF]
- Declaration of Restrictive Covenant [PDF]
- FHA Retention Language Acknowledgment [PDF]
- Request of Reservation of Funds Checklist [PDF]
- Request of Payment of Reserved Funds Checklist [PDF]
- Income Affordability [EXCEL]
- MTSP Limits Kentucky and Tennessee [EXCEL]
- Instruction Sheet for Members [PDF]