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Homeownership Possibilities Expanded (HOPE)

Federal Home Loan Bank of Topeka · Kansas

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Income limit

115% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is Homeownership Possibilities Expanded (HOPE)?

Homeownership Possibilities Expanded (HOPE) is a grant for homebuyers in Kansas, administered by Federal Home Loan Bank of Topeka.

  • HOPE is FHLBank Topeka's voluntarily funded TurnKey down payment assistance product targeting moderate-income 'missing middle' homebuyers. It provides down payment, closing cost, and purchase-related repair assistance to buyers earning at or below 115% AMI in CO, KS, NE, or OK. Unlike HSP, HOPE is not limited to first-time homebuyers. Funds are advanced through participating members as a grant with a 5-year retention period.
  • Down payment, closing cost, and repair assistance.
  • Open to non-first-time homebuyers.
  • Higher 115% AMI ceiling.
  • Available across CO, KS, NE, OK.
  • Funding comes from FHLBank Topeka voluntary contribution (5% of prior year's earnings).

Do you have to pay it back?

Homeownership Possibilities Expanded (HOPE) is structured as a grant, so it is not repaid.

  • Repayment is triggered by Sale or refinance within the 5-year retention period; current homeowners must sell their primary residence (no conversion to rental).
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Homeownership Possibilities Expanded (HOPE) is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • Multi-state (CO/KS/NE/OK); this row is the KS instance. Min subsidy $2,500; max set by member based on allocation and need. Must work with a participating FHLBank Topeka member with a HOPE allocation. Current homeowners must sell existing primary residence. 2026 program opened 3/16/2026 through 9/30/2026 ($6,330,000 available). Unconfirmed: assistance_amount_max, whether homebuyer education required for HOPE, min_credit_score, max_dti, lien_position.

The program excludes

  • Households above 115% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Homeownership Possibilities Expanded (HOPE) limits household income to 115% of the area median income, which varies by county and household size.

  • Household income at or below 115% AMI (FHLBank Topeka TurnKey income limits).
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

Homeownership Possibilities Expanded (HOPE) serves buyers purchasing anywhere in Kansas.

How do you apply?

Applications for Homeownership Possibilities Expanded (HOPE) go through Federal Home Loan Bank of Topeka, which publishes the current terms and the application steps on its own site.

  1. Contact Federal Home Loan Bank of Topeka to reserve funds

    Funds are reserved with the provider and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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