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.

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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

Department of Housing and Urban Development's Dollar Homes Program
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

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Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
In accordance with this mission, the Connecticut Housing Finance Authority has established the Urban Rehabilitation Homeownership Program wherein it intends to home purchase loans at steady, below-market rates together with home improvement loans with no interest, all in an attempt to support homeownership and investment in selected Connecticut neighborhoods.

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California Housing Finance Agency
The California Housing Finance Agency, otherwise known as CalHFA, is an independent, self-supporting agency that was chartered to as the State's affordable housing bank to make low interest rate loans through the sale of tax-exempt bonds; with these bonds being repaid by revenues generated through mortgage loans, instead of taxpayer dollars.

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Rehabilitation Mortgage Insurance Program
The Department of Housing and Urban Development, otherwise known as HUD, is a Cabinet department in the executive branch of the United States federal government.

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