From the Director, February 2017

JoleneKlineWeb

Jolene Kline, NDHFA executive director

Thank you to everyone who was able to make it to the Statewide Housing Conference earlier this month! It was an informational and inspiring event, and I hope the attendees walked away with at least one more tool to do their jobs or live their lives to the greatest extent. I enjoyed getting to visit with many of you and that’s really my favorite part of the conference every year. I learn from each of you and truly value your friendship and partnership.

If you weren’t able to attend, I want to invite you to consider it again next year and help us to make the conference a valuable experience for everyone. We are always looking for input on what sessions and speakers would be of interest to you or any other feedback that would make the conference better. It is your conference and we truly want to know your opinion.

We are now at half-time of the legislative session and are gearing up for quick action on housing issues. Our agency’s budget bill, as approved by the Senate, also includes reauthorization of the Housing Incentive Fund with $5 million in tax credits to capitalize it, as well as the creation of a new homeownership loan fund for essential service workers. There is $500,000 in tax credit authority to capitalize that fund. The hearing for that bill is scheduled for first thing after the cross-over break – 8:30 a.m. on Wednesday, March 1.

This legislative session has been chalk full of tough decisions for lawmakers. With reduced revenues, they haven’t had the luxury to fund everything they want. We feel extremely fortunate that the Senate saw the value of these housing programs, but we still have another half to go and I don’t want to count my chickens before they hatch.

We will continue to monitor and provide the background information legislators need to make the best decisions on housing issues. If you want to follow the legislative process, you can do that by visiting the Legislative Assembly website.

Again, thank you to those who attended the conference and congratulations to our Champions of Affordable Housing! I look forward to seeing you all again next year…if not much sooner.

 

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