2026 HOMEBUYER GRANTS AVAILABLE
The Federal Home Loan Bank (FHLB) is making up to $15,000 available through grants available this March. There are different requirements, ways to apply, and deadlines for each grant. Reach out to a member of our mortgage team to apply or to learn more about these programs.*There are two programs available:
• The Homeownership Set-Aside Program (HSP).
• The Homeownership Possibilities Expanded (HOPE). CONTACT A LENDER
The Home Ownership Set-Aside Program (HSP)
The Home Ownership Set-Aside Program (HSP) provides down payment, closing cost, and repair assistance for first-time homebuyers earning at or below 80% of the Area Median Income (AMI) for households purchasing in Colorado, Kansas, Nebraska, and Oklahoma. The HSP is provided to households as a forgivable grant with a five-year retention period.
- HSP opens March 2, 2026. Reservations on a first come, first serve basis pending availability of funds.
- Homebuyer education required prior to closing - online or face-to-face.
- Borrower must have fully executed purchase contract prior to reservation of funds.
- Offered to first-time homebuyers only.
- Commonly a max of up to ~ $15,000
- Income limit - 80% AMI.
- Available in CO, KS, NE, and OK
The Homeownership Possibilities Expanded (HOPE)
Homeownership Possibilities Expanded (HOPE) provides down payment, closing cost and purchase-related repair assistance to homebuyers earning at or below 115% of the Area Median Income (AMI) for the purchase of a primary residence in Colorado, Kansas, Nebraska, and Oklahoma.
HOPE is not limited to first-time homebuyers. Funds can be used for down payment, closing cost support, and purchase-related assistance. This is a good option for moderate-income homebuyers who often do not qualify for traditional grant programs.
- HOPE opens March 16, 2026. Reservations on a first come, first serve basis pending availability of funds.
- Not limited to first-time buyers, (if buying a primary residence).
- Can be used for down payments, closing costs, and purchase-related assistance.
- HOPE is often paired with Conventional, FHA, VA or USDA loans.
- Commonly a minimum of $2,500 and a maximum of up to ~ $12,500
- Income limit - 115% AMI.
- Available in CO, KS, NE, and OK.
