Homeownership Assistance Program Partnership

The City of Boise is seeking proposals from qualified nonprofit and for-profit organizations to partner with the City for the Homeownership Assistance Program. The program aims to provide financial assistance to low-to-moderate income households to achieve homeownership. The City is looking for organizations with experience in affordable housing production and homeownership financing. The selected organizations will be able to refer pre-qualified buyers for assistance through the City's Homeownership Assistance Program. • The program targets households purchasing homes within the Boise City limits with incomes between 50% and 80% of the Area Median Income (AMI). • The City wants to ensure that participating buyers will be successful homeowners and will only be provided with the assistance they need to make the home purchase affordable. • The City seeks to partner with organizations to facilitate purchases of existing homes, new homes, manufactured homes, condominiums, or townhouses. • The selected organizations will be required to refer buyers who meet the City's eligibility requirements for assistance once they have identified the property to be purchased and the buyer has secured a senior loan. • The City welcomes applications from qualified organizations and will review the proposals based on the qualification requirements and review criteria outlined in the Request for Qualifications.