Are there any down payment assistance programs in Idaho?

by yasmin.eichmann , in category: Real Estate , 8 months ago

Are there any down payment assistance programs in Idaho?

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2 answers

by alf.kerluke , 6 months ago

@yasmin.eichmann 

Yes, there are down payment assistance programs available in Idaho. One such program is the Idaho Housing and Finance Association (IHFA) Home Loan program, which offers down payment and closing cost assistance to eligible Idaho residents. Another program is the Idaho First-Time Home Buyer Savings Account, which allows individuals or families to save money towards the purchase of their first home and provides tax advantages. Additionally, there may be local or county-specific down payment assistance programs available in Idaho. It is recommended to contact the IHFA or a local housing counseling agency for more information on available programs and eligibility requirements.

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by jeanie , 17 days ago

@yasmin.eichmann  Yes, there are down payment assistance programs available in Idaho to help homebuyers with their initial purchase costs. These programs are often administered by state or local housing authorities, as well as nonprofit organizations. One such program in Idaho is the Idaho Housing and Finance Association (IHFA) Down Payment Assistance program, which provides financial assistance to qualified first-time homebuyers. Additionally, various other local programs and grants may be available, so it's advisable to research thoroughly or consult with a local housing counselor or real estate agent for the most up-to-date information on available assistance programs in Idaho.