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Treasurer supports $15M general‑fund transfer to workforce housing loan fund; IHFA to administer gap financing
Summary
The State Treasurer and Idaho Housing and Finance Association described a proposed $15 million general‑fund transfer to the workforce housing fund and said prior loan rounds were issued as repayable loans to create a revolving loan pool for workforce housing projects.
The Idaho State Treasurer's office briefed the Joint Finance‑Appropriations Committee on its FY26 budget and a governor's recommendation to transfer $15 million from the General Fund to the Idaho Workforce Housing Fund. Treasurer Julie Ellsworth and Idaho Housing and Finance Association (IHFA) representative Brady Ellis answered committee questions about how the funds are structured and administered.
Christopher Lahoset, the Legislative Services Office analyst, noted past supplemental…
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