IHFA Bonds
In 1978, IHFA
began selling housing bonds on the national market to make low-interest
mortgage loans available to Idahoans. The money generated by bond sales
provides low-interest mortgage loans for thousands of Idahoans each
year—most are first time buyers.
IHFA also makes below-market interest rate loans to developers and
nonprofit sponsors of affordable multifamily developments, for both families
and seniors through bond sales. At least 20 percent of the units in an IHFA-financed
development must be rented to very low-income individuals and families.
Our bond programs allow us to fill a niche helping home buyers purchase
their first home and by helping sponsors of multifamily developments create
more affordable rental housing statewide.
IHFA Bonds Brochure (requires
Acrobat
Reader)
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