Welcome Home Program | Heritage Bank

Up to $20,000 Toward Your New Home

Heritage Bank, in association with the Federal Home Loan Bank of Cincinnati, is pleased to participate in Welcome Home, a grant-based program to assist homebuyers.

This year, grants up to $20,000 are available to income eligible homebuyers to fund down payment and closing costs.

Get Started View Eligibility Requirements

The total income for all occupants who will reside in the home is at or below 80 percent of the Mortgage Revenue Bond (MRB) limit for the county and state where the property is located.
A fully executed (signed by buyer and seller) purchase contract on an eligible property is in hand.
The homebuyer has at least $500 of their own funds to contribute towards down payment and/or closing costs.
If the applicant is a first-time homebuyer (typically anyone who has not owned a home in the last three years), a homebuyer counseling course must be completed prior to loan closing. Note: Applicants do not have to be first-time homebuyers.

The property will be the homebuyer’s primary residence.
The property is a single family, townhome, condominium, duplex, multi-unit (up to four family units) or a qualified manufactured home.
The property is subject to a legally enforceable five-year retention mechanism, included in the Deed or as a Declaration of Restrictive Covenants to the Deed, requiring the FHLB Cincinnati be given notice of any refinancing, sale, foreclosure, deed in-lieu of foreclosure, or change in ownership during the five year retention period.