Limited FundsBoiseDeferred Loan
Boise Homeownership Opportunity Program (HOP)
City of Boise Housing & Community Development
$65,000
Maximum Assistance
80%
AMI Income Limit
Program Summary
City of Boise deferred mortgage assistance: up to $45,000 for fee-simple properties or up to $65,000 for deed-restricted/land trust properties. Income must be 50–80% AMI. Can pay down payment, closing costs, or buy down the first mortgage. Deferred subordinate loan repaid on sale or refinance. Can stack with IHFA programs in many cases.
Eligibility Requirements
Location
Property must be in Boise
Buyer Type
Open to all buyers (first-time and repeat)
Income Limit
Household income must not exceed 80% AMI for Ada County:
| Household | 80% AMI Limit |
|---|---|
| 1 person | $59,950 |
| 2 people | $68,500 |
| 3 people | $77,050 |
| 4 people | $85,600 |
Showing sizes 1-4. See all household sizes
Ada County • FY 2025 HUD Income Limits
Primary Residence
Must be your primary residence (not investment property)
Buyer Contribution
You must contribute at least $500 of your own funds
Homebuyer Education
Completion of a HUD-approved homebuyer education course is required
How to Apply
- 1Verify income is 50–80% of Ada County AMI.
- 2Contact NeighborWorks Boise or LEAP Housing to start application.
- 3Complete homebuyer education if required.
- 4Get pre-approved with a mortgage lender.
- 5Find a home within Boise city limits.
- 6Receive HOP funds as deferred mortgage at closing.
Required Documents
- Income verification (50–80% AMI)
- Proof of employment and liquid assets
- Pre-approval letter
- Purchase contract for Boise property
Contact Information
Apply through NeighborWorks Boise or LEAP Housing
Official WebsiteLast verified: 2026-05-26