Down Payment Assistant Programs

REACH HOME Program (Fayette County Only)

Eligible clients who want to purchase a home in Fayette County can receive financial assistance through the REACH HOME Program. The second mortgages will be for the amount needed for down payment and closing costs (not to exceed $14,999). Households below 50% of the area median income, as defined by HUD, may be eligible for additional assistance to provide gap financing (not to exceed $30,000). All program participants must complete required homebuyer education.

 

 

First KEY Program (Outer County Service area)

Eligible clients who want to purchase a home in Anderson, Bourbon, Clark, Franklin, Garrard, Harrison, Jessamine, Madison, Mercer, Montgomery, Scott and Woodford counties can receive assistance through the First KEY Program. The second mortgages will be for up to 5% of the purchase price plus the amount needed for closing costs (not to exceed $14,999). All program participants must complete required homebuyer education.