Make Your Dream of Homeownership Come True!
The Homeownership Opportunity Program (HOP) grant helps first-time homebuyers with assistance for down payment, closing and counseling costs at up to $10,000 per household.
Program Requirements
- Be a first-time homebuyer at or below 80% area median income
- Purchase a single-family home, condominium, duplexes or modular unit
- Contribute a minimum of $1,000 towards the purchase of a home
- Complete a required state, HUD or FHLBank Indianapolis-approved homebuyer counseling course*
*HOP funds may be used to cover the cost of counseling
HOP Funds are available on a first-come-first-serve basis for a limited time.
See if you qualify today!
Interested in Using HOP?
Let’s make your dream of homeownership a reality. Reach out to our team today.
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Or give us a call at (734) 475-4210
HOP Grants From FHLBank Indianapolis, one of the 11 regional banks in the Federal Home Loan Bank System, government sponsored to ensure access to low-cost funding for their member financial institutions.
Chelsea State Bank is a FHLBank Indianapolis financial institution member.
