Finally Home! Home Buyer Education Program Receives $5,000 from Home Federal Foundation

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BOISE, ID – October 17, 2008 – (RealEstateRama) — Home Federal Foundation recently contributed $5,000 to the Finally Home!® Home Buyer Education Program administered by the Idaho Partners for Home Buyer Education, Inc. (IPHBE, Inc.). Home Federal has contributed a total of $13,000 to the program since 2003.

“We are very pleased that our foundation is able to participate in this very important program for the state of Idaho. Education is a key component to successful homeownership for first-time home buying families,” said Dan Stevens, Chairman of Home Federal Foundation. “Home Federal Bank has always been an active supporter of Finally Home!®, and we are glad that the foundation has been able to continue this tradition.”

The funds will be used to assist with operating expenses, such as reimbursement of the training partners, in Home Federal Bank’s service areas of Ada, Canyon, Elmore, and Gem Counties, as well as cost of printing and distribution of the homebuyer education textbooks.

“Home Federal has been a financial supporter of the program for several years. Their support of our program in these counties enables us to reach and educate more first-time homebuyers,” said Sue Pisani, Finally Home!® Home Buyer Education Administrator. “Loan officers from Home Federal have also served as volunteer instructors for our classroom program. Their continued participation in the Finally Home!® program contributes to our success.”

Finally Home!® eight-hour classes are offered statewide by regional training partners in Post Falls, Lewiston, Boise, Nampa, Caldwell, Twin Falls, Pocatello, and Idaho Falls. In addition to covering all the steps necessary to purchase a home, the Finally Home!® course also covers budgeting and credit issues, predatory lending, and steps to take if a homeowner is facing foreclosure. More than 19,500 Idahoans have graduated from the Finally Home!® program since it began in 1999.

For more information on Finally Home!®, including a class schedule, information on online English and Spanish classes, and how to give to the program, visit www.finallyhomeidaho.com.

The Idaho Housing and Finance Association provides funding for affordable housing in Idaho communities. IHFA is not a state agency under Idaho law, and uses no state funds or state employees to support its operations.

Contact:
Sue Pisani susanp (at) ihfa (dot) org
Home Buyer Education Administrator
208-331-4847

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Idaho Housing and Finance Association (IHFA), a financial services and housing business organization, provides funding for affordable housing in Idaho communities where it is most needed and when it is economically feasible.

Contact:

Idaho Housing and Finance Association.
565 W. Myrtle P.O. Box 7899
Boise, ID 83707-1899

Lisa Davis
Public & Media Relations Officer
Phone: 208-331-4858

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