Funds AvailableBonnevilleSecond Mortgage
Idaho Falls Area Homebuyer Assistance
IHFA + Bonneville County partners
$56,000
Maximum Assistance
120%
AMI Income Limit
Program Summary
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.
Eligibility Requirements
Location
Property must be in Bonneville
Buyer Type
Open to all buyers (first-time and repeat)
Income Limit
Household income must not exceed 120% AMI for Bonneville County:
| 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
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
- 1Complete Finally Home! homebuyer education.
- 2Connect with an IHFA-approved lender serving East Idaho.
- 3Get pre-approved for IHFA loan + DPA combo.
- 4Purchase in Idaho Falls or Bonneville County.
Required Documents
- Finally Home! education certificate
- Income verification
- Pre-approval letter