First Time Homebuyer Programs in Idaho
Page 2Among all of its first time homebuyer programs, the most notable are the following:
a) HOME Down Payment Closing Cost (DPCC) Assistance - This program is a zero percent interest, deferred loan that is available for borrowers with total household income of less than 80% of area median income. The borrowers can procure assistance ranging from $1,000 to a maximum of 3.5% of the purchase price, not to exceed $8,000.
b) Good Credit Rewards Down Payment and Closing Costs Assistance Program - This first time homebuyer program is especially intended for first time homebuyers whose household income are less than 140% of area median income. The program must be used in conjunction with an IdaMortgage product and is payable for up to 30 years with a fixed-interest rate.
c) Neighborhood Stabilization Program (NSP1) Program - This program was created as a result of the funds received by the State of Idaho in the amount of $19.6 million from the 2008 Housing & Economic Recovery Act to distribute toward the acquisition and rehabilitation of foreclosed or abandoned property in targeted areas throughout the state.
First Time Homebuyer Programs in Idaho
Back to Page 1
About The Author
Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.
He also maintains Websites providing resources on
grants for youth programs and home improvement grants.
|
Additional Government Grants Resources
Community Development Financial InstitutionsCommunity Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
Education Grants for Students Interested in Teaching CareersTeacher Education Assistance for College and Higher Education Grants (TEACH Grants) assist those undergraduate and graduate postsecondary students that agree to teach specific and specific subjects that are in high need at schools that primarily serve disadvantaged populations.
Grants From The Department of LaborThe Department of Labor was primarily created to nurture, promote and develop the welfare of job seekers, wage earners, and retirees of the United States of America, as well as to improve the country's working conditions, advance employment opportunities and ascertain work-related rights and benefits.
United States Agency for International Development: Citizen Engagement and Elections Project in MongoliaThe Citizen Engagement and Election Projects in Mongolia aims to encourage increased citizen participation, mobilization and education during the months prior to the Mongolian parliamentary elections in 2012.
Department of Housing and Urban Development's Dollar Homes ProgramThe Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.
What You Need To Know About Grants.GovGrants.gov is one the largest websites that features at least 1,000 grant programs from 26 different federal grant-making agencies in the United States.
Rural Health Research Center ProgramThe Health Resources and Services Administration has recently established the Rural Health Research Center (RHRC) Cooperative Agreement Program in an attempt to substantially improve the amount of high-quality, impartial, policy-relevant research studies.