Buyer Information

See if you qualify
1. Find your annual gross household income in this table

Household  size

Income above

Income below

1 person



2 person



3 person



4 person



(Households larger than 4, see this page)

2. Do you have $500 for a down payment?

3. Can you qualify for a mortgage? (visit one of these Lenders)

About the Program

Moscow Affordable Housing Trust uses federal HOME funds to create affordable home ownership opportunities by rehabilitating houses or constructing new ones. 

Buyers may choose from standard lending programs (FHA, VA, Conventional, USDA-RD) offered by an IHFA approved Lender/Broker/Sponsor. 

                                 [Lenders doing IHFA Loans]

Houses are sold via the local real estate market at fair market value, there is no need to apply to the Housing Trust. Have your real estate agent review this page for more information about making an offer. Prior to making an offer buyers and agents are strongly encouraged to arrange a meeting with MAHT and our agent, Debbie Spurgeon at Team Idaho Real Estate.

Your next steps

  1. Choose a lender who works with IHFA 
  2. Have your lender review this page to help you prepare.
  3. Get prequalified for a mortgage and know your buying power.
  4. Other HOME Program requirements:
  • Buyer's gross annual household income cannot exceed 80% of the area median income as established by HUD, shown in the chart above.

  • Buyers must have a letter from their lender stating (1) they meet the income restrictions and (2) the maximum amount of a loan for which they qualify.

  • Homeownership assistance is based on need, as determined by Idaho Housing and Finance Association. The Assistance, in the form of a subsidy lien for a minimum of $1,000 up to a maximum of 10% of the purchase price (a full 10% is not a guarantee)(to a maximum of $15,000) is assumed by the homebuyer.  This is a 0% interest, no payment, “due on sale” loan.

  • Buyer must reside in the home as their primary residence.

  • Buyer must invest $500 in the purchase.

  • Buyer must complete the IHFA Finally Home!® course (see for course info)

  • Non-retirement, liquid assets in excess of $5,000 ($10,000 if over 62) must be used to pay down debt or for down payment.

Buyer Resources
What can you afford? Try this Loan Calculator. NOTE: Loan calculators don't take into insurance that the lender will require or property taxes. These costs must be considered in addition to the monthly payment on the loan. A mortgage lender can help you get a better picture of your true buying power.

Credit & Budgeting. University of Idaho Extension offers several short-courses on establishing credit, paying down debt, building your credit score, and basic financial planning which could help a family be more ready to decide to purchase, see this page.

Buying Process. You can learn more about all aspects of buying a home through Idaho Housing Finance Association's class Finally Home!® Classes are offered in person and online, see their Frequently Asked Questions (pdf)

Making an Offer to Purchase a MAHT house
Buyers should find a Real Estate agent of their choice. Prior to making an offer buyers and agents are strongly encouraged to arrange a meeting with MAHT and our agent, Debbie Spurgeon at Team Idaho Real Estate. 

Prior to the meeting, review these pages: Lender Information and Realtor Offer Worksheet.

Finally HOME! Course
Participants in the HOME program are required by IHFA to complete the Finally HOME! course. You will receive a certificate of completion. A copy can be provided to MAHT prior to closing; it may also be required by your lender. Click on the image below to learn more.