hey prescott.
See what you qualify for
County programDeferred

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello)

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) is a deferred second loan for homebuyers in Pocatello, Idaho, administered by NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.).

Last verified Source: NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.)
Check if this fits me Official program site ↗

The program asks for

  • The home is occupied as a primary residence
  • A completed homebuyer education course, through 8-hour Homebuyer Education Course (completed within 12 months of closing); NeighborWorks Pocatello.
  • First-come first-served subject to available funding; distinct from NeighborWorks Pocatello's standard DPA already in catalog. NMLS #14881. Exact lien position and forgiveness/repayment terms not published on the news page.
  • A home in Bannock County

It doesn’t cover

  • Households above 100% of area median income
  • Homes outside Bannock County

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Income limit

100% of Bannock County’s area median income

HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.

$100,800
Area median income, 4-person household (HUD, 2026)
Income limits in Idaho

Where it applies

Bannock County’s homes

  • 67.3% single-family
  • 5.5% townhouse
  • 10.5% 2–4 units
  • 9.3% 5+ units
  • 7.5% mobile & other

$300,700

Bannock County median home value

58.1%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in Bannock County

How to apply

  1. Take a homebuyer education course

    Required by the program, through 8-hour Homebuyer Education Course (completed within 12 months of closing); NeighborWorks Pocatello..

  2. Contact NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.) to reserve funds

    Funds are reserved through First-come, first-served while funds last., and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Questions about this program

What is Project Reinvest Down Payment Assistance (NeighborWorks Pocatello)?

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) is a deferred second loan for homebuyers in Pocatello, Idaho, administered by NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.). Project Reinvest is a down payment assistance program administered by NeighborWorks Pocatello that provides $10,500 in down payment assistance to eligible homebuyers whose income does not exceed 100% of AMI. Buyers must complete an 8-hour homebuyer education course within 12 months of closing, occupy the home as their primary residence, and obtain a first mortgage from an approved Project Reinvest lender. $10,500 in down payment assistance. Available to repeat buyers (not FTHB-restricted). 100% AMI income limit. Pairs with approved first mortgages. Funding comes from Project Reinvest (NeighborWorks America / National Community Stabilization Trust down payment funds).

How much assistance does it provide?

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) offers up to $10,500 in assistance. The program can be combined with other assistance, subject to the rules of each. Amounts are the program's published maximums, not an offer — NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.) determines any individual award.

Do you have to pay it back?

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through 8-hour Homebuyer Education Course (completed within 12 months of closing); NeighborWorks Pocatello. First-come first-served subject to available funding; distinct from NeighborWorks Pocatello's standard DPA already in catalog. NMLS #14881. Exact lien position and forgiveness/repayment terms not published on the news page.

What are the income limits?

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) limits household income to 100% of the area median income, which varies by county and household size. Household income, adjusted for household size, not to exceed 100% of Area Median Income. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) serves homebuyers purchasing in Pocatello, Idaho.

How do you apply?

Applications for Project Reinvest Down Payment Assistance (NeighborWorks Pocatello) go through NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.), which publishes the current terms and the application steps on its own site. Funds are reserved through First-come, first-served while funds last. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Also for Bannock County homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 75 programs for Bannock County

Program terms are set by NeighborWorks Pocatello (Pocatello Neighborhood Housing Services, Inc.) and can change; confirm on the official site before you apply.