Idaho Housing and Finance Association
Idaho

In 2022, the Idaho Legislature created the Idaho Workforce Housing Fund (IWHF) to utilize the funds appropriated to states through the federal American Rescue Plan Act (ARPA) of 2021. As administrator of this funding, Idaho Housing and Finance Association was tasked to develop an administrative plan and set the process in motion to invest the funding in housing developments throughout the state. The aim is to leverage these dollars with other governmental and private funding to have the greatest impact possible in Idaho’s extremely tight housing markets.

Funding Source
Special one-time federal funding
Funding Year
2022
Program Status
Active
Total Funding
$50,000,000
Treasury State and Local Fiscal Recovery Funds (SLFRF) Funding
$50,000,000
Website
https://www.idahohousing.com/multifamily-financing/
Contact
Michael Leary Idaho Housing and Finance Association [email protected] 855-505-4700 ext. 4385
How Provided?
Development loans
Program Type
Capital resources
Income Eligibility Threshold
Other income eligibility criteria
Duration
Affordability period is 20 years
Info Source
NLIHC internet research
Last Updated
7/14/23 11:11
Priority Populations

Persons with disabilities; Persons with special needs; Households with HUD-VA Supportive Housing vouchers; Families with children; Households on public housing waiting lists