New Construction or Rehabilitation

Provides local Community Land Trust with a low-cost line of credit to create more single-family housing for low-to moderate-income households. 

  • Eligible uses include the acquisition, rehabilitation, demolition and/or new construction of homes on in-fill lots and in higher density neighborhoods for resale to income-qualified households. 

To apply, complete this checklist.

NDHFA provides Construction Loan Guarantees to lenders for contractors who build or rehabilitate affordable single-family housing in rural communities on a speculative basis.

  • The community in which the housing is being built must have a population of less than 35,000 and be more than 10 miles from another community with a population of 35,000 or more.
  • There must be a demonstrated need for affordable housing in the community and the local governing body must support the construction.
  • The anticipated sale price of the homes must not exceed the currently published FHA Mortgage limits.
  • At no time shall more than $500,000 in guarantees be outstanding in any one community or to any one contractors.

Please contact us to determine that funds are available.

Helping Housing Across North Dakota (Helping HAND) supports the needs of lower-income households through grants to targeted single-family housing rehabilitation programs.

Helping HAND funding is available to non-profit organizations by invitation from NDHFA. Program assistance is not directly available to individuals or families.

The North Dakota Housing Incentive Fund (HIF) supports the development of affordable multi-family housing units for low- to moderate-wage workers, the state’s aging population, individuals with disabilities, and persons at-risk of homelessness.

Local, state and tribal governments; local and tribal housing authorities; community action agencies; regional planning councils; and non-profit and for-profit developers are all encouraged to explore developing with HIF. To learn more about the program, download the Program Template.

The National Housing Trust Fund (HTF) is a federal program, administered by the states, to support the development and preservation of affordable rental housing for extremely low-income households, including homeless individuals and families.

The organization or agency that submits an application to NDHFA for funds to carry out the HTF project must be an eligible recipient. Eligible recipients include units of local, state, and tribal government; local and tribal housing authorities; community action agencies; regional planning councils; nonprofit organizations, and for-profit developers.

2020 Allocation Plan

Past Allocation Plans

Past Awards

Forms

Additional Resources

The Low Income Housing Tax Credit (LIHTC) program provides an incentive for the production or rehabilitation of affordable rental housing. Property owners receive federal income tax credits for up to 10 years based on capital investment and level of commitment to low-income tenancy.

Developers of qualified low-income housing, as defined by the Internal Revenue Code (Section 42) may apply. To learn more about Low Income Housing Tax Credits, download the Program Template.

LIHTCs are awarded annually through a competitive application process according to NDHFA’s Qualified Allocation Plan.

2021 Allocation Plan

Past Allocation Plans

Past Awards

Additional Resources

The Neighborhood Stabilization Program (NSP) provides funds to purchase foreclosed, abandoned or vacant property and redevelop these properties into housing in order to stabilize neighborhoods and stem the decline of house values.

NSP1 Program
The federal Housing and Economic Recovery Act of 2008 funded the first program, known as NSP1. Eligible properties must be located in Bismarck, Minot, West Fargo, Mandan, Jamestown, Dickinson, Williston, Grafton, Wahpeton, Lincoln, Devils Lake, Valley City and Casselton, within 25 miles of the identified cities; or on the state’s four Indian Reservations.

NSP3 Program
Additional Funding was authorized under Section 1497 of the Dodd-Frank Reform and Consumer Protection Act of 2010 and it is referred to as NSP3. The NSP funds are available for use in census tracts with an NSP 3 needs score of 7 or greater and located in the communities of Bismarck, Dickinson, Fargo, Minot, West Fargo and Williston. Priority will be given to projects that target units specifically designed to support households earning 50% AMI or less.

The Rural Housing Development Loan Program provides low-interest, short-term loans for predevelopment soft costs, land acquisition, site development and any other cost associated with producing housing in difficult to develop areas.

  • Eligible applicants include communities or non-profit organizations representing or working in partnership with communities.
  • For-profit developers may also be eligible, at the sole discretion of NDHFA.
  • Communities must meet the USDA Rural Development definition of rural – having a population of 35,000 or less.

Program Template

The Rural Housing Rehabilitation Loan Program provides a low-cost revolving loan fund for the rehabilitation of single- or multi-family properties.

  • The property must be located within an area meeting the USDA Rural Development definition of rural (population of less than 35,000).
  • The household income of a single-family property owner may not exceed 100 percent of the area median.
  • A multi-family property must target at least 20 percent of its units to households with incomes at or below area median income.

Other Programs

Accessibility

To enhance affordable housing options throughout the state, North Dakota offers projects owned and controlled by a nonprofit or political subdivision an exemption from property taxation during their period of affordability.

NDHFA certifies and monitors annual compliance for any parcel seeking exemption under NDCC Section 57-02-08(43). The parcel’s respective property tax assessing municipality implements the exemption.

A property may be eligible for the exemption if it is subject to and in compliance with a land use restriction agreement that enumerates mandatory income and rent restrictions and the property is owned and/or controlled by a qualified 501(c)(3) nonprofit entity or political subdivision.

Complete and submit to NDHFA an Exemption from Property Taxation Application with all required supporting documents.

The Housing Market Survey Grant program helps pay for an analysis of a community’s current and future housing needs. Grants are equal to 50 percent of the cost of a market survey not to exceed $5,000.

Eligible applicants include communities or non-profit organizations representing or working in partnership with communities.

Communities must meet the USDA Rural Development definition of rural – having a population of 35,000 or less.

To learn more about Housing Market Survey Grants, download the Grant Criteria.

Before beginning the market survey process, applicant should complete a
Housing Market Survey Grant Application indicating intent to conduct a survey with support from NDHFA.

The Agency will issue a written commitment letter, as appropriate. Market surveys should be completed within six months from the date of approval to proceed.

The Rehab Accessibility Program (RAP) offers grant dollars for the renovation of properties occupied by lower-income North Dakotans with physical disabilities.

Examples of qualifying renovations include the installation of ramps, door levers, walk-in/roll-in showers, grab bars and the widening of doorways.

  • Eligible grant recipients are households with an income equal to or less than 80 percent of the county median income adjusted for family size. 
  • Grant recipients must certify their household income at the time of the application.
  • Project costs not directly attributable to lower-income rental households may be prorated for grant eligibility based on the percentage of eligible units to total project units.
  • The project must be completed and certification received by NDHFA within six months of the grant award. The final award is contingent upon costs meeting those included in the application.

RAP Application
Project Certification
Income Certification