BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) has published the allocation plans that will guide its administration of federal and state housing programs in 2022.
NDHFA administers the federal Low Income Housing Tax Credit, HOME Investment Partnerships and National Housing Trust Fund programs and the state’s Housing Incentive Fund. The programs support the development or preservation of affordable multifamily housing. In North Dakota, the HOME program also provides homeownership assistance including single-family housing rehabilitation.
“North Dakota Housing Finance Agency is charged with ensuring the availability of affordable housing for low-wage workers, elderly and disabled households, and individuals and families at-risk of homelessness,” said Dave Flohr, NDHFA executive director. “By addressing the housing needs of our most vulnerable residents, we strengthen and stabilize North Dakota communities.”
The agency seeks public input and reviews the plans annually to ensure they address the state’s current housing needs.
More information on the programs is available in the Project Financing section of NDHFA’s website. Questions and application pre-reviews can be directed to NDHFA’s planning and housing development division at (800) 292-8621 or hfainfo@nd.gov.
The deadline for the submission of applications for assistance will be Sept. 30, 2022. Applications for 4% credits can be submitted at any time, pending the availability of bond cap authority.
The North Dakota Industrial Commission, consisting of Gov. Doug Burgum, as the chairman, Agriculture Commissioner Doug Goehring and Attorney General Drew H. Wrigley, oversees NDHFA.
Leave a Reply