Brought to you by Idaho Housing and Finance Association.

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brought to you by Idaho Housing and Finance Association

Transcript of Brought to you by Idaho Housing and Finance Association.

Page 1: Brought to you by Idaho Housing and Finance Association.

brought to you by Idaho Housing and Finance

Association

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Percentage of the donation to the sales price goes back to the foundation

The homeowner will receive the percentage of the appreciation of the loan to the original sales price

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Up to $20,000 on down payment assistance available to homebuyers with below 80% AMI

First mortgage rate can be bought down with tax credit second loan.

the revised HOME down payment assistance program will be limited to 3.5% of the first loan amount once these funds are used.

Tax credit second mortgage down payment assistance loan has been extended, need signed purchase agreement as of April 30, and close by June 30.