Idaho Housing and Finance Association is a unique financial institution and administrator of affordable housing resources. In its simplest form, Idaho Housing’s mission is to provide funding for affordable housing opportunities in Idaho communities where they are most needed and when it is economically feasible.

Idaho Housing is a self-supporting organization that sustains its business operations through earned fees and revenues similar to any private financial institution. It does not receive financial support from the state of Idaho.

In the financial services sector, Idaho Housing is best known for its residential and multifamily mortgage products, which it primarily markets through its mortgage lender and broker partners. It functions as an agent for the U.S. Department of Housing and Urban Development and performs a variety of tasks associated with financing, developing or managing affordable housing. Among its economic development activities, Idaho Housing provides financial products that support small-business financing.

Idaho Housing’s staff and management understand and participate in all phases of real estate development, finance, management and tenant support. Our role requires the same skills and capabilities as those of traditional lenders and real estate professionals with the additional task of understanding complex affordable housing regulations.

In every phase of this work, Idaho Housing strives to remain sensitive and responsive to the needs of Idaho’s less-advantaged individuals and families.

IHFA’s Statewide Housing Priorities

• Increase the supply of affordable rental housing in urban and rural communities;
• Reduce homelessness for Idaho’s youth, veterans and chronically homeless;
• Prevent homelessness through emergency housing assistance;
• Expand homeownership by providing reasonable educational and financial support;
• Financially and organizationally support community and local government investment in housing opportunities that are affordable and;
• Preserve older, existing housing stock to maintain affordability.