Idaho Housing and Finance Association

565 W. Myrtle St., Boise, ID, 83702

Housing Authority

Idaho Housing and Finance Association Program Type

  • Low Rent Units

76

Total Subsidized Units for Rental Assistance

Ada County

Section 8 Voucher Wait List   Closed
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  • Starting: Mar 28, 2024
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Description:

According to recently updated public information sources, this agency appears to have open waiting list. Please contact them directly to confirm the current status of their waiting lists for public ho
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Public Housing Wait List   Open

Description:

According to recently updated public information sources, this agency appears to have open waiting list. Please contact them directly to confirm the current status of their waiting lists for
Read More

Program Summary for Idaho Housing and Finance Association

Idaho Housing and Finance Association is a public housing agency that helps provide decent and safe rental housing for eligible low-income families, the elderly, and persons with disabilities. Idaho Housing and Finance Association manages several funded programs and has a total of 60 subsidized affordable housing units for rental assistance. Idaho Housing and Finance Association administered a total of 50 Section 8 Vouchers. Idaho Housing and Finance Association currently has Low-Rent as its program type. Idaho Housing and Finance Association is located at 565 W. Myrtle St., Boise, ID, 83702 and serves the city of Boise. Income limits, fair market rents and rent rates vary with each agency. Please contact Idaho Housing and Finance Association at, (208) 331-4886 for more information about coverage area and program availability.

About Idaho Housing and Finance Association

Idaho Housing and Finance Association is a uniquely created and organized 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 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.

Idaho Housing 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.

As a highly technical and sophisticated organization, the Idaho Housing's staff and management understand and participate in all phases of real estate development, finance, management and tenant support. Idaho Housing's 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 challenging work, Idaho Housing strives to remain sensitive and responsive to the needs of Idaho's less-advantaged individuals and families.

Mission Statement

Idaho Housing and Finance Association improves lives and strengthens Idaho communities by expanding housing opportunities, building self sufficiency, and fostering economic development.

Current Status Active
Size of Idaho Housing and Finance Association compared nationally Large
Last Updated 04/12/2014
Total Numbers of Communities N/A
Total numbers of Administered Section 8 Voucher N/A
Total numbers of Administered Public Housing Units N/A
Waiting list for the Idaho Housing and Finance Association is currently Open

2016 Income Limits for Ada County, ID

  • Person in family
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • Income
  • $26,200
  • $29,950
  • $33,700
  • $37,400
  • $40,400
  • $43,400
  • $46,400
  • $49,400
  • Person in family
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • $15,750
  • $18,000
  • $21,720
  • $26,200
  • $30,680
  • $35,160
  • $39,640
  • $44,120
  • Person in family
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • $41,900
  • $47,900
  • $53,900
  • $59,850
  • $64,650
  • $69,450
  • $74,250
  • $79,050

2017 Fair Market Rents for Ada County, ID

Fair Market Rents are HUD's determination of the average rents in a particular area for each bedroom size. The FMRs are set each year based on the rental rates of unsubsidized units so that participants in HUD programs have equal access for affordable housing. Here are the Fair Market Rents for Ada County, ID:

  • Efficiency
  • $512
  • One-Bedroom
  • $629
  • Two-Bedroom
  • $807
  • Three-Bedroom
  • $1168
  • Four-Bedroom
  • $1380

Affordable Housing Nearby

Beardmore East
303 E Harriet St
Priest River , ID 83856

Ada County Quick Facts

Population: 426,236
Persons Per Household: 2.6
Housing Units in Multi-units Structure: 16.8%
Homeownership Rate: 68.1%
Housing Units: 163,868
Yearly Income Per Person: $27,452
Median Household Income: $55,210

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