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Where hard work meets opportunity.

You’ve worked so hard, but it feels like the cards are stacked against you. The price of homes in Kootenai County has surged by 235% in the last decade, far outpacing your income.

We've launched Young Family’s Foundation to provide down payment gap assistance so you can buy a home and plant roots in North Idaho, building the life you've dreamed of.

You shouldn’t have to leave the community you love to buy a home, raise a family, and start to build wealth.

You should be able to plant roots right here in North Idaho!

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We believe families are vital to the fabric of this community and the health of our economy.  With the support of community & business leaders, Young Family’s Foundation is on a mission to make sure more families like yours get approved for home loans.

We want to ensure you are able to:

✔ Buy your first home and plant roots in North Idaho.
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✔ Give your kids a safe place to call “home”.
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✔ Begin to invest, building wealth that will be passed to your children.
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How it Works

It’s too common that families apply for their first home loan, only to discover that the down payment they’ve saved is not enough. Young Family's Foundation helps bridge that gap and get you into the home.

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When working with one of our lender partners, if you’re short the required down payment to qualify, they will call us to seek funding on your behalf.  The best part, approved funds will not need to be repaid as long as you live in the house for 3 years.

READY TO GET THE BALL ROLLING?

STEP 1  -

Review our eligibility guidelines.    see guidelines >

STEP 2  -

Connect with one of our partner lenders to get pre-approved for a home loan.

STEP 3  -

If gap in down payment exists & funding is available, the lender will connect you with the YFF team.

Eligibility Guidelines to Receive Financial Support from Young Family’s Foundation

​1. INCOME AND EMPLOYMENT REQUIREMENTS​

  • Family income falls between 80%-120% of the Area Median Income (AMI)

  • At least one parent is employed full-time, or both parents working part-time​​

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2. FAMILY REQUIREMENTS​

  • You have at least one dependent child under 18 years old living in the household

  • You can demonstrate stability in family circumstances (e.g., no history of recent evictions, solid rental history)​


3. HOME PURCHASE CRITERIA

  • The home purchase price does not exceed $575,000

  • The property will serve as the family’s primary residence

  • The home passes an independent inspection to ensure it is safe and meets local housing standards
     

4. FINANCIAL QUALIFICATIONS

  • You are working with a qualified Young Family's Foundation lending partner

  • The gap in funding required to close the home purchase does not exceed $20,000

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5. SAVINGS AND CONTRIBUTION REQUIREMENTS

  • You maintain a credit score of at least 620​

  • You can contribute at least 5% of the home down payment from savings

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6. RESIDENCY REQUIREMENTS​

  • Preference may be given to families with longstanding ties to the area
     

7. COMMUNITY AND EDUCATIONAL COMMITMENT​

  • You agree to participate in first-time homebuyer education workshop

  • You are willing to engage with the foundation community-building activities to foster long-term stability of YFF

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8. PARTNERSHIP AND FOLLOW-UP​

  • You agree to meet with Young Family's Foundation and to remain in contact with the foundation for at least one year post-purchase to track the program’s success

  • You agree to share the story of how Young Family’s Foundation helped you

  • Family completes media release

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9. DOCUMENTATION REQUIRED​​​

  • Bank or lender pre-approval with specified funding gap

  • Proof of dependent children 

  • Inspection report for the prospective home

Eligibility
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This is a grant, not a loan—there's nothing to repay as long as you live in your home for three years.

"We know how hard you work. When we were young we also built a career and life from scratch, but back then housing was more affordable and homeownership was attainable. We want you to have the same opportunities we had.”

-Pat Hogan, Co-Founder YFF

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Financial Fundamentals

Establishing solid financial practices is a crucial part of saving to qualify for a home. Read our top 10 financial tips for young, hardworking families preparing for home ownership.

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GET MORTGAGE READY >

At Young Family’s Foundation we know you want to raise your family in a safe community and build equity for their future.

In order to do that, you need buy a home & plant roots here in North Idaho. The problem is home prices have increased over 235% in the last 10 years, causing you to feel like there’s little hope of attaining homeownership in the community you love.

 

We believe young, hardworking families are vital to the fabric of North Idaho and you deserve to have a stake in the area, raising your family here. We remember what it’s like to be young and full of hope for a better tomorrow which is why we have partnered with leaders across the community to provide down payment assistance to families like yours, looking to buy their first home.​

 

Here’s how it works:

  • Review our eligibility guidelines

  • Visit one of our partner lenders to get pre-approved for a home loan

  • If gap in down payment exists & funding is available, the lender will connect you with the YFF team
     

Connect with a partner lender today, so you can stop throwing your money away on renting and start building equity in a home.

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