Increase your buying power in Kentucky
19 homebuyer assistance programs in Kentucky put grants, forgivable loans and special mortgages toward your down payment and closing costs, so your budget goes further. Add creative financing like seller credits and rate buydowns, and it stretches even more.
What 19 programs tell us about buying in Kentucky
Zero down is common here
9 Kentucky programs, including credit union 100% financing, let qualified buyers purchase with no down payment.
Louisville offers the most local help
Up to $40,000 from Louisville Metro Government, and up to $50,000 through the Affordable Housing Trust Fund’s Revert program.
KHC anchors the state
Kentucky Housing Corporation channels HOME funds of up to $25,000 through local partners, and lends up to $12,500 repaid over 15 years.
How the help arrives · 19 programs
Award sizes · grants and loans with a dollar cap
1 more pays a percentage of the price or loan, which scales with the home you buy. Your award depends on income, price and location.
Who runs them
10 programs are available statewide. 9 are limited to a city, county or region, so the address you buy at changes what you can get.
More programs, more buying power. Most buyers qualify for more than one. The Wallet Wizard checks income limits, price caps and location rules across all 19 Kentucky programs and 25 multi-state programs at once, and shows where creative financing like seller credits can stack on top.
Check my eligibilityPrograms to know in Kentucky
A few of the 19 programs we track, chosen for reach, award size and terms. Amounts are program maximums; what you receive depends on income, price and location.
HOME Homebuyer Assistance Program
Kentucky Housing Corporation, through local partnersDown payment help for households at or below 80% of area median income, administered by local partners across Kentucky.
Future Homebuyers Down Payment Assistance
Kentucky Housing CorporationA loan of up to $12,500, in $100 increments, toward down payment and closing costs with a KHC first mortgage.
Louisville Metro Down Payment Assistance
Louisville Metro Office of Housing and Community Development15% of the price up to $40,000, for households at or below 80% of area median income.
Revert Program
Louisville Metro Affordable Housing Trust FundUp to $50,000 plus a 10% contingency, for households up to 300% of the federal poverty level.
REACH HOME
Resource Education Assistance for Community HousingCovers down payment and closing costs up to $20,000, $25,000 or $30,000 depending on household size.
True 100% Mortgage Financing
Commonwealth Credit UnionA first mortgage of up to $400,000 with no down payment, for first-time buyers.
25 multi-state programs also serve Kentucky
Offered by banks, credit unions and Federal Home Loan Banks in several states at once. Most are tied to that lender's own mortgage, so the lender you choose decides whether you can use them. The Wallet Wizard shows which ones you can pair.
These are 4 of the 25 multi-state programs open to Kentucky buyers. See which ones you qualify for
See how much more home you can afford in Kentucky
- 1Answer a few questions in the Wallet WizardWhere you want to buy, household size, income range, job and military status.
- 2Get matched against every program we trackIncome limits, price caps, location rules and repayment terms, checked for you.
- 3Work with a pro who knows creative financingAgents and loan officers on Homebuyer Wallet see the same matches you do, and can layer in seller credits, lender credits and rate buydowns.
Every Kentucky program, matched to your buyer in seconds
Homebuyer Wallet gives professionals the full program record: income tables, price caps, approved lenders, provider contacts and application steps. Close the deals that stall on cash to close.
Kentucky homebuyer assistance FAQ
How much down payment assistance can I get in Kentucky?
It depends on where you buy and your household income. Among the 10 Kentucky programs we track that publish a dollar cap, the median award is $13,750. Others pay a percentage of the price or loan. The Wallet Wizard shows the amounts you could get for the home you want.
How do these programs increase my buying power?
Assistance covers part of your down payment or closing costs, or lowers your rate, so less of your own cash goes in upfront. The same savings and income can then support a higher purchase price or a lower monthly payment. Many buyers stack a statewide program with a local one to stretch further.
Can I combine these programs with seller credits or other creative financing?
Usually, yes. Seller credits toward closing costs, lender credits and rate buydowns can often be used alongside assistance programs, within your loan’s limits. The Wallet Wizard shows what fits together, and Homebuyer Wallet agents and loan officers can help you structure it.
Do I have to pay the assistance back?
10 of the 19 active programs (53%) are grants or forgivable loans: you repay nothing if you keep the home as your primary residence for the required period. 3 more are deferred or repayable second loans, due when you sell, refinance or move out, or paid monthly.
Do I need to be a first-time homebuyer?
Not always. 3 of the 19 Kentucky programs we track explicitly require first-time status, and most of those count anyone who has not owned a home in the past three years. The Wallet Wizard checks each program’s ownership rule for you.
Are there programs for teachers, first responders or other workers?
Yes. 1 program we track in Kentucky are tied to a specific employer or profession, such as public employees, educators, first responders, healthcare workers or service members. Job-based programs often stack with income-based ones.
Can I combine more than one program?
Sometimes. Kentucky has 10 programs available statewide and 9 limited to a city, county or region. Many local programs are built to layer on top of a statewide loan; others prohibit stacking. Your lender confirms what combines with your first mortgage.
How do I find out which programs I qualify for?
Answer a few questions in the Wallet Wizard: where you want to buy, household size, income range and job. It checks income limits, price caps, location rules and funding status across every program we track in Kentucky, plus multi-state and national programs, and shows the ones that fit.
How current is this information?
Our team reviews every program against the provider’s own materials on a rolling basis. 2 programs we track are currently paused, out of funds or waitlisted and not counted on this page. Funding opens and closes often; the Wallet Wizard shows each program’s current status.
Explore another state
All Top ProgramsSource: the Homebuyer Wallet database of 2,000+ Community Home Investment Programs (CHIPs). Each program is reviewed by our team against the provider’s own website and documents. Award amounts are program maximums.