Affordable Multifamily Housing Development Assistance Available

BISMARCK, ND – North Dakota Housing Finance Agency is currently accepting applications for approximately $3.75 million in development assistance through the Housing Incentive Fund, a state program that strengthens communities by providing rental housing for essential service workers and low- to moderate-income households

HIF Invest in Your Community“Priority will be given to applicants that demonstrate both the need for the affordable housing units and the support of the community in which the project is located,” said Jolene Kline, NDHFA executive director.

The HIF program support is available due to the cancellation of previous financial commitments.

NDHFA is currently accepting applications for two federal development programs as well – the Low Income Housing Tax Credit program and the National Housing Trust Fund. LIHTCs provide an incentive for the production or rehabilitation of low-income housing. The purpose of the HTF is to increase and preserve the supply of housing for extremely low-income households.

Applications must be received by 5 p.m. (CDT) on Sept. 29, 2017. More information is available online or by contacting the agency’s planning and housing development division staff at (800) 292-8621 or hfainfo@nd.gov.

NDHFA is a public financial institution dedicated to making housing affordable for all North Dakotans. The Industrial Commission of North Dakota, consisting of Gov. Doug Burgum, as the chairman, Attorney General Wayne Stenehjem and Agriculture Commissioner Doug Goehring, oversees the agency.

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