The City of Boise's 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.
- 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.
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.
Housing Program Documents