First Time Homebuyer Programs in Idaho
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Among all of its first time homebuyer programs, the most notable are the following:

a) HOME Down Payment Closing Cost (DPCC) Assistance - This program is a zero percent interest, deferred loan that is available for borrowers with total household income of less than 80% of area median income. The borrowers can procure assistance ranging from $1,000 to a maximum of 3.5% of the purchase price, not to exceed $8,000.

b) Good Credit Rewards Down Payment and Closing Costs Assistance Program - This first time homebuyer program is especially intended for first time homebuyers whose household income are less than 140% of area median income. The program must be used in conjunction with an IdaMortgage product and is payable for up to 30 years with a fixed-interest rate.

c) Neighborhood Stabilization Program (NSP1) Program - This program was created as a result of the funds received by the State of Idaho in the amount of $19.6 million from the 2008 Housing & Economic Recovery Act to distribute toward the acquisition and rehabilitation of foreclosed or abandoned property in targeted areas throughout the state.

First Time Homebuyer Programs in Idaho
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on grants for youth programs and home improvement grants.

Additional Resources

category - Home Buying Programs

Keystone Government Loan Program for Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency has been running the Keystone Government Loan Program in which it intends to provide first mortgage financing on loans that are insured by the Federal Housing Administration, the Rural Development, and the Department of the Veterans' Affairs.

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Downpayment Assistance Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been running the Downpayment Assistance Program in order to financially assist first time home buyers in the process of covering the downpayment and closing costs of purchasing a home.

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Downpayment Assistance Program for the First Time Home Buyers in North Carolina
The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

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First Time Homebuyer Programs in California
The programs of CalHFA are constantly guided by its overall agency mission which is to "finance below market rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers in achieving the dream of homeownership."

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