Banks typically don't give money away, but one lender is doing just that to help Kentucky tornado victims. The Federal Home Loan Bank of Cincinnati has a program in which homeowners and renters who were displaced or who suffered damage to their primary homes might be eligible for grants of as much as $20,000 toward the purchase, construction or repair of a home. Because these are grants, the money doesn't have to be repaid.
Bank's Grants to Help Tornado Victims
By Greg Kocher, Lexington Herald-Leader • May 14, 2012