Second MortgageBonnevilleFunds Available
Idaho Falls Area Homebuyer Assistance
IHFA + Bonneville County partners
Up to
$56,000
Assistance
Second Mortgage
Area
Bonneville
Buyers
First-time & repeat buyers
Income
Up to $170,000 household income
What This Program Offers
East Idaho buyers in Idaho Falls and Bonneville County use IHFA 15-year DPCC assistance — up to 8% of sales price or appraised value toward down payment and closing costs.
- $500 minimum contribution.
- Household income up to $170,000.
- Local city programs are limited; IHFA carries most of the value in this market.
Who Qualifies
Location
Bonneville
Buyer type
First-time & repeat buyers
Primary residence
Must be your primary home — not an investment property
Education course
Finally Home! homebuyer education required before closing
Your contribution
You must contribute at least $500 of your own funds
Income limits
Household income up to $170,000 for IHFA programs
| Household | 120% AMI Limit |
|---|---|
| 1 person | $71,026 |
| 2 people | $81,150 |
| 3 people | $91,276 |
| 4 people | $101,400 |
Showing sizes 1-4. See all household sizes
Bonneville County • FY 2025 HUD Income Limits
How to Apply
- 1
Complete Finally Home! homebuyer education.
- 2
Connect with an IHFA-approved lender serving East Idaho.
- 3
Get pre-approved for IHFA loan + DPA combo.
- 4
Purchase in Idaho Falls or Bonneville County.
Documents you'll need
- Finally Home! education certificate
- Income verification
- Pre-approval letter