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Ongoing program · Loan

Idaho HOME Investment Partnerships Program (affordable housing gap financing)

Idaho Housing and Finance Association, State of Idaho

Key facts

Copied word-for-word from the official Idaho state agency page. Last verified October 28, 2026.

Program name
Idaho HOME Investment Partnerships Program (affordable housing gap financing)
Issuing agency
Idaho Housing and Finance Association (State of Idaho)
Funding type
Loan
Funding purpose
Community Development
Status
Ongoing program
Application deadline
Ongoing program · no application deadline published
Published loan amount
Not stated on the official Idaho state agency page
Eligible applicants (our reading of the official page)
  • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
  • Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
  • For profit organizations other than small businesses
  • Small businesses
Relevant to
Businesses and NonprofitsHow we determined this: Derived from the eligibility statement on the official page (nonprofit, business).
Geographic restrictions
This is a Idaho state program. Check the official page for location requirements.
How to apply (from the official page)
HOME applications are accepted following a published NOFA.
Source
www.idahohousing.com/partners/project-financing/developers/home-program/
Last verified
October 28, 2026 (against the official Idaho state agency page)
Record confidence
highCurated from the official agency page; reviewed by an editor.

Eligibility details (from the agency)

Qualified nonprofit housing developers are awarded HOME funds as a loan to construct or rehabilitate single-family homes to be sold or rented to qualified low-income households.

Description (from the official program page)

As the designated administrator of Idaho’s HOME Program, IHFA awards HOME funds as gap financing to qualified Idaho housing developers to acquire, construct, or rehabilitate affordable rental housing throughout the state of Idaho. Qualified nonprofit housing developers are awarded HOME funds as a loan to construct or rehabilitate single-family homes to be sold or rented to qualified low-income households. All HOME-assisted housing has a Period of Affordability of 5 to 20 years depending on the amount of HOME funds received and the scope of the activity (e.g. single-family/multifamily rental, new construction, rehabilitation, acquisition).

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