Idaho Housing and Finance Association

Welcome to Finally Home! 🏡 Since 1997, we've been empowering first-time homebuyers, renters, and homeowners to achieve their housing dreams through expert education and guidance. Whether you're buying, renting, or navigating homeownership, we’ve got the resources to make it easier. Follow along for tips, industry insights and more! #HomeownershipJourney #FinallyHome

Kenneth Corder joins IHFA! I'm so excited to finally publicly announce that Ken Corder has joined IHFA as our Director of Philanthropy. In this role, Ken will lead Idaho Housing's foundation activities, including fundraising, grantmaking, partnerships, fiscal agent offerings, and other philanthropic endeavors. Ken comes to IHFA with a great deal of experience and proven success in development, community engagement and partnership cultivation. He will be an enthusiastic ambassador of our mission, an engaging partner and a champion of hope for struggling Idahoans. Ken joined our team August 26th, but we held announcement of his arrival to give him some time to settle in. Folks, he is now open for business. Please connect with Ken to discuss how you can be a sponsor of or partner to IHFA's philanthropic housing endeavors. KENC@IHFA.ORG 208-331-4756

Your feedback is needed! Your input will help guide how certain HUD funds are used to meet housing needs in Idaho communities. There are two ways to make your voice heard: -  Attend one of our community meetings from Sept. 24 to Sept. 26. We’ll discuss local needs, existing resources and how the funds can better support our most vulnerable neighbors. For more information or to register, please visit: https://lnkd.in/gksPJkRU - Complete the online community survey: https://lnkd.in/gyW28P6S Your participation will help us understand the experiences, opinions and feelings of community members on housing needs in your community. We look forward to learning your perspective.

Idaho Housing is proud to support Boise Regional REALTORS® Give Back Golf Tournament last week and Nampa Association Of Realtors Golf Tournament today! Proceeds from these events go to CATCH Idaho, Life's Kitchen, Idaho Veterans Chamber of Commerce, WCA Boise, and AFTER. 

Idaho Housing is proud to invest $1 million to help build a new transitional housing development in Hailey. The development will expand housing options for those escaping domestic violence in the Wood River Valley and surrounding area. The project is led by The Advocates, a Hailey-based nonprofit that offers comprehensive services for victims of domestic abuse, sexual violence and stalking in the area. Domestic violence is a major contributor to homelessness in Idaho. Projects like this help provide a safe place for survivors at their most vulnerable time. Idaho Housing will invest almost $3.5 million in homelessness initiatives over the next year.

With some hard work and help from Idaho Housing's Family Self-Sufficiency and HOPES programs, JaLynne was able to set goals for employment, education and home ownership. Watch the mother of nine reap the rewards as she moves into her first home.

Idaho Housing is proud to support Canopy Village, a nonprofit children’s residential care facility in Coeur d'Alene, serving children displaced from their families due to abuse, neglect, or severe family crisis. This $1 million donation will help Canopy Village, formerly known as Children's Village, build a new boys home on their campus. Read more here: https://lnkd.in/gex4Yh9s

The Idaho Department of Education has been distributing funds from an American Rescue Plan – Homeless Children and Youth Grant. Our latest recipient is the Idaho Housing and Finance Association's Home Partnership Foundation who will, in turn, distribute funds to the seven regional housing coalitions around the state. Funds will be used to… ✅ Build capacity for school district and community collaborations ✅ Increase McKinney-Vento awareness ✅ Support homeless students and families If you know of a student who may qualify for these services, please encourage them to reach out to their school’s McKinney-Vento liaison. #Idaho #K12education #Homeless #HomelessStudents

We want to thank the Idaho Mortgage Lenders' Association for their $250 donation to the Home Partnership Foundation! Your donation will help more Idahoans secure safe, stable, and affordable housing. Interested in donating? Visit https://lnkd.in/gF9pBnDE

TRUE OR FALSE: Predatory lenders are small companies or loan brokers that you have never heard of. To avoid predatory lending, it’s best to stick with large companies with names you know. The answer is… FALSE! Predatory lenders can be a large company with a name you know, or a small company or loan broker you’ve never heard of. They can be an appraiser, a mortgage broker, or a home improvement contractor who: • Sell property for much more than they are worth, using false appraisals • Encourage borrowers to lie about their income, expenses, or cash available for down payments in order to get a loan • Knowingly lend more money than a borrower can afford to repay • Charge high interest rates to borrowers based on their race or national origin and not on their credit history • Charge fees for unnecessary or nonexistent products and services • Pressure borrowers to accept higher-risk loans such as balloon loans, interest-only payments and steep prepayment penalties • Target vulnerable borrowers for cash-out refinance offers when they know borrowers are in need of cash due to medical, unemployment or debt problems • “Strip” homeowners’ equity from their homes by convincing them to refinance again and again when there is no benefit to the borrower • Use high-pressure sales tactics to sell home improvements and then finance them at high interest rates There isn’t one simple definition of predatory lending, because there are so many ways that consumers can be tricked into getting a loan that will be difficult to repay. To avoid falling victim to predatory lending, learn everything you can about buying a home and financing it. Those who have been victims of predatory lending are victims because they weren’t educated enough about loans. Visit finallyhome.org to get educated today.