BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) is accepting applications for affordable housing development assistance through the state’s Housing Incentive Fund (HIF). Approximately $1.2 million is available.
“The multifamily housing development programs administered by North Dakota Housing Finance Agency addresses the housing needs of our state’s most vulnerable populations,” said Dave Flohr, NDHFA interim executive director.
HIF supports the development of housing for low- to moderate-wage workers, the state’s aging population, individuals with disabilities and persons at-risk of homelessness.
“To be considered eligible, applicants must demonstrate project readiness – final ownership and organizational documents, site control, unconditional and appropriate zoning, and project financing commitments,” said Jennifer Henderson, NDHFA planning and housing development division director. “Projects with missing threshold requirements will not be evaluated.”
Applicants will be evaluated under the 2019 Housing Incentive Fund Allocation Plan. The application deadline is 5 p.m., CT, on March 31, 2020.
More information on the HIF program and the other financial and technical assistance provided by NDHFA is available online at http://www.ndhfa.org or by contacting the planning and housing development division at (800) 292-8621 or email@example.com.
NDHFA is a self-supporting state agency 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.