Tax-Exempt Program Update
We have been able to partner with our lenders to provide below-market interest rates to borrowers through our First Loan Tax-Exempt program for much of 2023. This program has been immensely popular, more popular than expected.
Due to the massive popularity, Idaho Housing must suspend the First Loan Tax-Exempt program, effective Monday, November 6, 2023. We hope to bring it back at some point in 2024.
Thank you for your efforts in helping Idaho families take advantage of this very unique program.
Be sure to check out our new Heroes DPA program. Qualifying borrowers are able to save on loans with down payment assistance.