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REACH HOME Program

Administered by: REACH Inc. · Nonprofit · Forgivable Loan

Funding status: Active

How much assistance

Up to $20,000-$30,000 (varies by household size: $20,000 for 1-person, $25,000 for 2-person, $30,000 for 3+ persons) (Forgivable Loan)

Forgivable second mortgage over program term.

Eligibility

  • Income limits: At or below 80% AMI for Fayette County.
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Service area includes Bourbon, Clark, Fayette, Jessamine, Scott, and Woodford counties. Must be a county resident for 1 year prior to application.
  • Homebuyer education required: Yes

How to Apply for REACH HOME Program

Step 1: Contact REACH Inc. at 733 Red Mile Road, Lexington, KY 40504. Phone: (859) 455-8057. Homebuyer education is required prior to application.

Notes

REACH is a HUD-approved housing counseling agency serving central Kentucky. Assistance amounts scale by household size.

Cities Where This Program Is Available