First Time Homebuyer Programs in Idaho

by: Michael Saunders

The State of Idaho gives great importance to helping its people achieve a safe and comfortable lifestyle in terms of housing and living opportunities. With this, the State of Idaho has established the Idaho Housing and Finance Association.

The Idaho Housing and Finance Association, otherwise referred t as IDFA, is Idaho's uniquely created and organized financial institution and administrator of affordable housing resources.

Since its creation, the IHFA has been working towards the achievement of its primary agency mission which is to "provide funding for affordable housing opportunities in Idaho communities where they are most needed and when it is economically feasible."

The Idaho Housing and Finance Association has been running so many first time homebuyer programs that are especially designed to assist low to moderate income residents of Idaho in the process of acquiring quality housing opportunities.

  (continued...)

First Time Homebuyer Programs in Idaho
  Page 2

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

Down Payment Assistance Loan for First Time Home Buyers in New York
In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

---

Construction Incentive Program for First Time Home Buyers in New York
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.

---

Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.

---

Rehabilitation Mortgage Insurance Program
The Rehabilitation Mortgage Insurance Program intends to financially assist families as they repair or improve, purchase and improve, or refinance and improve their current residential properties that have been existent for more than a year.

---