First Time Home Buyers Find $10,000 Grant Money in Louisville KY

January 9, 2018


First time home buyers in Louisville, KY can now take advantage of a KHC program offering up to $10,000 in grant money that is totally forgiven after a 5 year period. During those 5 years, there is no interest charged or repayment due. The program was just announced on January 9, 2018 and will run until the funds are depleted.

KHC recognizes that down payments, closing costs, and prep​aids are stumbling blocks for many potential home buyers. Here are the details for how to get a first-time home buyer grant in Louisville as well as 3 other counties in Kentucky.

Kentucky Housing Corporation has offered “Hardest Hit Fund DAP” annually for some time. This grant money helps first time buyers in some of the hardest hit counties in Kentucky to afford a new home and overcome some of the obstacles for getting financed. These funds come in the form of a second mortgage that is forgiven after 5 years at a rate of 20% for each year. To qualify, a first time home buyer must be pre-approved for a conventional or FHA loan through a KHC lender AND have an accepted written contract to purchase a home (cannot be new construction).



     Hardest Hit Fund (HHF) DAP

  • Zero percent interest rate for first-time home buyers.
  • A non-repayable second mortgage for $10,000.
  • Forgiven after five years.
  • Home purchase must be located in Christian, Hardin, Jefferson, or Kenton counties.
  • New construction properties are not allowed.
    • ​Property has to have been previously occupied
  • Applicants must meet Secondary Market or MRB Income and Purchase Price Limits based on funding source.

This has a much higher income cap than other special financing programs offered by KHC.  We encourage everyone to apply online at to qualify for the mortgage and grant when it is available. Our recommended lenders know how to handle your loan to keep you in the best position to secure one of these grant opportunities. They are VERY limited and go VERY quickly – so having an experienced lender on your side is extremely important.

For more information or to start your home search, visit or call Mark Atteberry, Broker, Louisville Market Realtors at 502-224-1039.