The City of Boise is experiencing a pivotal moment of growth. As we work towards a 21st-century city for everyone, with shared prosperity across all neighborhoods, housing for all is a key priority.
The City conservatively projects that 1,000 new housing units per year will need to be constructed over the next 20 years to meet the anticipated increase in population. Assuming household incomes remain the same, approximately 1 in 3 of these housing units will need to be offered at 80% Area Median Income (AMI) or below.
To meet the housing needs of our growing community, the City of Boise introduced a Housing Incentives Program. The program provides financial incentives for the development of rental housing within Boise city limits affordable to individuals and families earning at or below 80% Area Median Income.