Yearly Archives: 2011

Up to $50,000 Available to Help Pay Your Mortgage

BOISE, ID - July 29, 2011 - (RealEstateRama) -- Do you need help with your mortgage payments? Emergency Homeowners’ Loan Program (EHLP) funds are available through the Idaho Housing and Finance Association (IHFA) to assist qualified unemployed or underemployed families make their mortgage payments for up to 24 months by providing zero-interest, forgivable loans.

Meridian Real Estate Agent Sentenced for Mortgage Fraud

BOISE, ID - July 13, 2011 - (RealEstateRama) -- Melody C. Redondo, 33, of Meridian, Idaho, was sentenced today to 15 months in prison followed by five years of supervised release for making a false statement to a financial institution, U.S. Attorney Wendy J. Olson announced. Chief U.S. District Judge B. Lynn Winmill also ordered Redondo to pay $333,403.26 in restitution and perform 80 hours of community service. She pleaded guilty to the charge on February 15, 2011.

Idaho Homeless Numbers Decrease Six Percent

BOISE, ID - July 12, 2011 - (RealEstateRama) -- A statewide count of homeless persons in Idaho conducted by Idaho Housing and Finance Association (IHFA) and regional housing coalitions, indicates there are 2,199 homeless in the state, over a six percent decrease from the 2,346 registered last year.

IHFA to Oversee Federal Housing Compliance for 18,623 Section 8 Apartment Units

BOISE, ID - July 8, 2011 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) was awarded the administration of four Project Based Contract Administration (PBCA) contracts by the U.S. Department of Housing and Urban Development (HUD). Last year, IHFA performed PBCA monitoring on 3,362 apartment units in Idaho. With the new contracts, IHFA will now monitor an additional 15,261

Idaho Homeless will Have Access to More Housing Opportunities

BOISE, ID - June 13, 2011 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) received two new grants from the U.S. Housing and Urban Development to support homeless projects in eight different counties. The two grants, valued at $223,564, will invest funding in local projects that will provide critically needed housing and support services to homeless individuals and families.

Husband and Wife Sentenced for Mortgage Fraud

May 27, 2011 - (RealEstateRama) -- Former Treasure Valley residents Shane M. Hymas and Laurie Kreschelle Hymas, both age 32, now of American Fork, Utah, were sentenced today in district court in Boise for bank fraud, announced U.S. Attorney Wendy J. Olson.

Idaho Housing and Finance Association Welcomes John Insinger to Board of Commissioners

BOISE, ID - May 26, 2011 - (RealEstateRama) -- John Insinger has been appointed to Idaho Housing and Finance Association’s (IHFA’s) Board of Commissioners. Insinger is currently an “of counsel” attorney to two law firms in Boise, Risch Pisca, LLP, and Goss Gustavel Goss, PLLC. As a partner of Risch Goss Insinger Gustavel, he spent 35 years as a private law practitioner focusing in general and commercial transactions and litigation.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR IDAHO STORM VICTIMS

WASHINGTON, DC - May 25, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Idaho and provide support to homeowners and low-income renters forced from their homes following flooding, landslides, and mudslides storm during March and April.

IHFA Still Accepting Applications for the Emergency Homeowners’ Loan Program

BOISE, ID - May 16, 2011 - (RealEstateRama) --There is still hope for hundreds of homeowners who are struggling to avoid foreclosure. Idaho Housing and Finance Association is still accepting applications for the Emergency Homeowners’ Loan Program (EHLP). The U.S. Department of Housing and Urban Development (HUD) announced the $13 million home saving program on April 1st. Since the announcement, IHFA has sent out more than 700 applications, and only 287 have been returned for review

IHFA Helps Broaden Scope of Boise Fair Housing Campaign

BOISE, ID - May 13, 2011 - (RealEstateRama) -- All of Idaho will soon benefit from a proactive fair housing awareness campaign, thanks to a partnership among Idaho Housing and Finance Association (IHFA), Department of Commerce and the City of Boise. IHFA supported initial efforts by Boise’s Fair Housing Task Force to develop the campaign, and has adapted those materials for statewide distribution.

Department of Finance Offers Tips to Distressed Homeowners on How to Avoid Mortgage Relief...

April 22, 2011 - (RealEstateRama) -- As a part of Financial Literacy Month the Idaho Department of Finance is promoting online resources for homeowners who are behind on their mortgage payments, or who may be at risk of falling behind on their mortgage payments. “Homeowners need to know that federal and state laws are in place to protect them from mortgage relief scams that have sprung up during the mortgage crisis,” said Gavin Gee, Department of Finance director.

HUD Sends $13 Million Home Saving Lifeline to Unemployed Idaho Homeowners

BOISE, ID - April 5, 2011 - (RealEstateRama) -- Help is on the way for hundreds of unemployed Idaho homeowners who are in jeopardy of losing their homes. The U.S. Department of Housing and Urban Development (HUD) has approved the State of Idaho’s bid to administer its Emergency Homeowners’ Loan Program (EHLP), and Idaho Housing and Finance Association is accepting applications for the $13 million program effective immediately.

New Partner Offers Hands-on Training for Homebuyers through Finally Home!® Homebuyer Education

NAMPA, ID - April 5, 2011 - (RealEstateRama) -- Homebuyers in Nampa will soon have the opportunity to become more informed about purchasing a home with the help of Finally Home!® Homebuyer Education. The Nampa Association of REALTORS® is a new regional training partner for the program, and regular classes will be offered in Nampa starting April 16th

Pocatello area REALTORS® and Lenders to be Honored at STAR Luncheon

POCATELLO, ID - March 29, 2011 - (RealEstateRama) -- Seventy-five Pocatello area REALTORS® are preparing to shine at a luncheon being held in their honor on Thursday, March 31st. The Saluting Top Area REALTORS® (“STAR”) Awards will be given out during the IdaMortgage Appreciation Luncheon. Hosted by Idaho Housing and Finance Association (IHFA), the event starts at noon at the Juniper Hills Country Club in Pocatello.

Cottle joins IHFA’s Board of Commissioners

POCATELLO, ID - March 24, 2011 - (RealEstateRama) -- Ralph G. Cottle has been appointed to Idaho Housing and Finance Association’s (IHFA’s) Board of Commissioners. Cottle, the President of Citizens Community Bank in Pocatello, brings 35 years of banking experience to the Board. He is actively involved in the community and participates in Rotary, Boy Scouts of America, the Pocatello Chamber of Commerce, Idaho Food Bank, and is a member of the Bannock Development Corp. board. He is a graduate of the College of Business at Idaho State University in Pocatello. He has an advanced certificate from Pacific Coast Banking School and has participated in various banking seminars and workshops throughout his career.

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