Interested in purchasing a home at Falcons Landing? click here!

Be one of the first homeowners in Mountain Home's newest community, Falcons Landing. LEAP Housing is building 8 homes to sell to qualifying households in its Falcons Landing development. The Falcons Landing community will feature a community room, garden beds, basketball courts and more.

the Homes

Number Available: 8 townhomes in duplex configuration

Location: Mountain Home, ID (near corner of S 5th W & W 12th S)

Size: 3 bed, 2 bath; 1277 sqft

Target Price: $299,000

Completion: Planned for mid- to late-2024

Utilities: Energy efficient & “WaterSense” certified

The LEAP Housing Trust

LEAP holds the land under the homes in trust, removing the cost of land from the sale price of the home. Keeping homes in the trust also allows LEAP to ensure that they will remain affordable for buyer after buyer through special deed restrictions, while allowing homeowners the stability and wealth building of homeownership.

Interested in purchasing a home?

Buying a brand new home in today's market may feel out of reach, but LEAP is making a way for income-qualified buyers! Qualified buyers will have the opportunity to receive a loan through the USDA 502 Direct program. The 502 Direct program offers below-market interest rates to qualified buyers. These loans will help homebuyers maintain an affordable monthly payment (less than 35% of their income). LEAP is also placing these homes in the LEAP Housing Trust—making the sales price for these brand new homes even more affordable.

Those interested in buying homes at Falcon’s Landing must be below the low-income limit for Elmore County based on household size. Check the chart below to see if you qualify. Even if you are above the income limits below, you may still qualify based on special circumstances and should still fill out the form below.

In addition to the HUD 502 program, home buyers will also have the opportunity to qualify for the Self-Help Homeownership Opportunity Program (SHOP). SHOP funds require 60 hours of sweat equity from each adult on the title before completion of the home. LEAP will work with each homebuyer to create a plan for completing required hours of work. This may include painting walls or fences, caulking, landscaping, and more.

If you think you may qualify, fill out the form below. A LEAP representative may reach out to you to set up a meeting to determine eligibility.

Falcon's Landing Townhomes Eligibility form

*Please note that filling out the form and becoming income qualified does not guarantee you the opportunity to purchase a LEAP home.