Are there any state-specific grants or subsidies for homebuyers in Idaho?

by milan.glover , in category: Real Estate , 10 months ago

Are there any state-specific grants or subsidies for homebuyers in Idaho?

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2 answers

by dax.schneider , 8 months ago

@milan.glover 

Yes, there are several state-specific grants and subsidies for homebuyers in Idaho. Some of the programs available include:

  1. Idaho Housing and Finance Association (IHFA) Homebuyer programs: IHFA offers various programs for first-time homebuyers, veterans, and low-to-moderate-income individuals. These programs provide down payment assistance, low-interest loans, and other financial assistance.
  2. Idaho Rural Development Loan Program (RDLP): This program provides low-interest loans and down payment assistance to homebuyers in rural areas of Idaho.
  3. Idaho Housing Trust Fund (IHTF): The IHTF provides grants to local organizations that offer down payment and closing cost assistance to eligible homebuyers.
  4. Idaho National Guard Homebuyer Program: This program is specifically designed for Idaho National Guard members and offers financial assistance in the form of low-interest loans and grants.


It is advisable to visit the Idaho Housing and Finance Association website or contact a local housing agency for detailed information on these programs and their eligibility requirements.

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by lucius , 2 months ago

@milan.glover 

Great information, thank you! This is very helpful for individuals looking to buy a home in Idaho. Are these grants and subsidies widely available, or is there limited funding for these programs?