Idaho Housing Finance Association
The Idaho Housing and Finance Association is a uniquely created and organized financial institution and administrator of affordable housing resources. In its simplest form, IHFA’s mission is to provide funding for affordable housing opportunities in Idaho communities where they are most needed and when it is economically feasible.
IHFA is a self-supporting corporation that must generate all revenue necessary to cover the cost of its operations. It does this by earning fees for work performed and does not use any state-appropriated funds for its operations.
IHFA raises millions of dollars in the national capital markets and forms partnerships with banking and lending institutions throughout the state. It functions as an agent for the U.S. Department of Housing and Urban Development and performs a wide variety of tasks associated with financing, developing or managing affordable housing.
IHFA administers the State of Idaho’s HOME, HOPWA (Housing People with AIDS), ESG (Emergency Shelter Grant) and SHP (Supportive Housing Program) all with funding from HUD.
IHFA also administers the Low Income Housing Tax Credit Program and many homebuyer programs.
There are also other loan programs and technical assistance available through IHFA.
www.ihfa.org |
