Idaho Multi–Family Housing Programs

Edenmoor Apartments Rehabilitated in 2012 — Moscow, ID

Edenmoor Apartments Rehabilitated in 2012 — Moscow, ID

Funded with Rural Rental Housing Loan Program.

Lakeview Family Housing — Roberts, ID

Lakeview Family Housing constructed in 2009 — Roberts, ID

Funded with Farm Labor Housing Program.

Riverbend Court Apartments  — Fruitland, ID

Riverbend Court Apartments — Fruitland, ID

Funded with Multi-family Housing Revitalization Demonstration Program (MPR).

Apartment living is often an alternative for people who
cannot afford the purchase price and maintenance
costs of their own individual house. Rural Rental
Housing loans are made to finance building construction
and site development of multi-family living quarters
for people with low, very low, and moderate incomes.
Some units are reserved for people aged 62 and over, and for persons with disabilities. This is primarily a direct mortgage program, but funds may also be used to buy and improve land and to provide necessary facilities such as water and waste disposal systems. In addition, deep subsidy rental assistance is available to eligible families. Please visit our national office site for a complete program overview: Multi-Family Housing Programs (MFH)

In Idaho, our MFH programs are administered through the Multi-family Specialists located in our area offices. State office program staff is also available for program information as necessary.


Note: Certain programs have funding deadlines for a particular fiscal year. Check our Program Deadlines page for details on program funding deadlines for the current fiscal year, or contact your nearest Area Office.

 

Topics on this page include:


New Info Required for Loans & Grants!
All RD grant applicants must now be registered in the Central Contractor Registration (CCR). CCR registration is a requirement for virtually all parties seeking Federal financial assistance, not just government contractors. In order to register, you will first need a DUNS number. To complete a CCR registration, go to www.sam.gov, create an account (ID and password), and provide the required information (including DUNS#, Tax ID#, statistical information about your business, and Electronic Funds Transfer Information for payments). Be aware that it takes 1-3 days for CCR registration to take effect, so please do not put this off. If you are already registered in CCR, be sure your information is current and accurate. If you receive an RD award, you must keep your CCR information current, updating it at least annually, until your award project is complete.


Guaranteed Rural Rental Housing Loan Program
(Section 538)

The Guaranteed Rural Rental Housing Program was established to increase the supply of affordable multi-family housing in rural areas and provide housing that is decent, safe, sanitary, and competitive in the market, while fostering risk-sharing partnerships with public and private lenders.  Under the program, the Agency will provide credit enhancements to encourage private and public lenders to make new loans for affordable rental properties that meet program standards, as well as state and local housing finance agencies and bond issuers. Any federal, state and conventional sources can be used in conjunction with the loan guarantee, including Home Investment Partnership Program (HOME) grant funds, tax exempt bonds, and low income housing tax credits. Lenders and Developers should visit the national office webpage for a complete program overview: Guaranteed Rural Rental Housing


Helpful Information:

  • Idaho Reference Manual for Architects
  • HB-1-3565 - GRRH Origination and Servicing Handbook
  • Eligible Areas

  • Where To Apply

    Developers and Lenders are highly encouraged to contact the MFH Program Specialist in area office nearest the project, to discuss the project prior to submittal of a preapplication or application.

    Developers:  Applications are made to an eligible lending source.

    Lenders:  Applications are made to local USDA Rural Development office.

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    Direct Loan & Grant Programs

    Multi-Family Housing Programs offer direct Rural Rental Housing Loans and Grants to provide affordable multi-family rental housing for very low-, low-, and moderate-income families; the elderly; and persons with disabilities. This is primarily a direct mortgage program, but funds may also be used to buy and improve land and to provide necessary facilities such as water and waste disposal systems. In addition, deep subsidy rental assistance is available to eligible families. Visit the following sites for information and/or assistance.

    The following links provide a complete overview of each program’s goals, funding details, and application requirements:

  • Multi-Family Housing Revitalization Demonstration Program    (MPR)
  • Farm Labor Housing (Section 514/516)
  • Rural Rental Housing (Section 515)
  • Housing Preservation Grant (Section 533)

  • Idaho Additional Guidance and References

  • Designated Places for New Construction in Idaho (Sec. 515)
  • Idaho Reference Manual for Architects

  • Links to Regulations

  • Handbook 3560
  • Sec. 533 - 1944N

  • Information for Potential and Current Tenants

  • Idaho MFH Properties
  • PA 1998: Things You Should Know About USDA Rural Rental Housing
  • PA 1998-S: Casas que debe saber acerca del alquiler de viviendas rurales del USDA
  • Where To Apply

    Developers and Lenders are highly encouraged to contact the MFH Program Specialist in area office nearest the project, to discuss the project prior to submittal of a preapplication or application.

    Applications are made to your local USDA Rural Development office .

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    <Go Back to Rural Development Idaho Home