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

First Time Homebuyer Programs in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is a self-supporting quasi-public housing agency operating within the State of Connecticut. The agency was established in the year 1969 in an effort to address the concerns regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

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Achieving the Dream Program for First Time Home Buyers in New York
One of the programs of the State of New York Mortgage Agency, is the Achieving the Dream Program wherein it seeks to provide eligible low income first time home buyers with really low down payment mortgage financing programs.

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Rural Community Development Initiative
The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

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First Time Homebuyer Programs in Arkansas
The Arkansas Development Finance Authority was primarily created to develop safe, decent and affordable housing for low and moderate income Arkansans. The authority's primary goal is to administer funding in the form of tax exempt bonds and other debt instruments through several programs which are divided into three main categories: Economic Development, Homeownership, and Affordable Rental Housing.

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