Existing housing is revitalized for many reasons in North Dakota.
Vacant or underutilized buildings may be transformed into safe, decent and affordable multi-family housing for moderate-wage earners. These converted properties provide affordable housing that contributes to neighborhood redevelopment and community renewal.
When a first-time homebuyer is searching for a home, sometimes their best option is a place that needs some work. That's why NDHFA offers assistance updating existing single-family homes.
And, homeowners may find it more affordable or they may just prefer to make changes to their current residence to accommodate special needs.
The rehab programs offered by North Dakota Housing Finance Agency allow communities to meet the needs of their people, households to remain in a familiar place, and homeownership dreams to be realized.