Affordable Homeownership


The City of Boise's Affordable Housing Loan Programs offer persons of low/moderate income an opportunity to construct a new home or purchase an existing home (or a Class “A” manufactured home on its own land) within Boise City Limits. 

Affordable Housing Loans

  • Program Overview
    The City loans qualified applicants up to 25% of the purchase price or $35,000 (whichever is less) to purchase a home within Boise City Limits.
  • Qualified Applicants
    Applicants must meet income guidelines as determined by the U.S. Department of Housing and Urban Development (HUD) each year.
  • Details
    Applicants are required to receive a commitment letter from any lender of their choice for the first deed of trust.   
    • Funds are available on a first come, first serve basis
    • Property must be located within Boise City Limits
    • We are an Equal Opportunity Lender
  • Prepayment Penalty
    Each loan will have a prepayment penalty, not to exceed fifteen (15) years, based on the equity received at the time of refinance or sale of the home during that time period. 


Affordable Housing Program Documents