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affordable housing

Commission Approves Expanded Mortgage Lending Capabilities for HFA
27 Jul 2021

Commission Approves Expanded Mortgage Lending Capabilities for HFA

by admin | posted in: Press Releases | 0

BISMARCK, N.D. – The North Dakota Industrial Commission has approved changes to North Dakota Housing Finance Agency’s (NDHFA) North Dakota Roots program that will allow the NDHFA to finance mortgage loans for higher-income individuals and families and to refinance residential … Continued

affordable housing
Commission Approves Updated FirstHome Program Limits
1 May 2021

Commission Approves Updated FirstHome Program Limits

by admin | posted in: Press Releases | 0

BISMARCK, ND – The North Dakota Industrial Commission has approved updated eligibility limits for government programs that help North Dakota residents, typically first-time buyers, purchase a home. Administered by North Dakota Housing Finance Agency (NDHFA), the programs provide income-qualified households … Continued

affordable housing, homeownership
From the Executive Director, March 2021
31 Mar 2021

From the Executive Director, March 2021

by admin | posted in: General Agency News | 0

Despite a national pandemic, North Dakota’s mild winter and resilient economy continued to propel a booming housing market. Historically low mortgage rates, a result of the Federal Reserve’s response to the crisis was encouraging for homebuyers to either enter the … Continued

affordable housing, Flohr, homeownership, Housing Incentive Fund
State’s Home Mortgage Programs to Consolidate Under NDHFA
2 Mar 2021

State’s Home Mortgage Programs to Consolidate Under NDHFA

by admin | posted in: Press Releases | 0

Bismarck – Bank of North Dakota (BND) and North Dakota Housing Finance Agency (NDHFA) are taking the first steps toward consolidating the roles they play as state agencies in financing residential real estate. Because both agencies provide mortgage loans, they … Continued

affordable housing, homeownership
From the Executive Director, December 2020
16 Dec 2020

From the Executive Director, December 2020

by admin | posted in: General Agency News | 0

Season’s Greetings! If you are not aware, there are less than two weeks left in 2020, but who is counting? This year taught us how to operate our business with more flexibility and empathy for our employees, customers, business partners … Continued

affordable housing, Flohr, homeownership, Housing Incentive Fund, Legislative Session
Agency Releases Study of Housing in North Dakota
23 Nov 2020

Agency Releases Study of Housing in North Dakota

by admin | posted in: Press Releases | 2

BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) has released “The Current State of Housing in North Dakota,” a study of the affordability of the state’s single and multifamily housing, the impacts of COVID-19, and housing challenges faced by … Continued

affordable housing
Developers Mark Completion of Dacotah Ridge Redevelopment
25 Sep 2019

Developers Mark Completion of Dacotah Ridge Redevelopment

by admin | posted in: Press Releases | 0

DICKINSON, ND – Affordable Housing Developers Inc. (AHDI) and its development partner, Mountain Plains Equity Group (MPEG), marked the completion of the Dacotah Ridge Apartments redevelopment today by hosting an Open House. AHDI purchased the property from The ARC of … Continued

affordable housing, Housing Incentive Fund, Low Income Housing Tax Credit
Lenders Invited to Learn About Homeownership Programs
10 Apr 2019

Lenders Invited to Learn About Homeownership Programs

by admin | posted in: General Agency News | 0

This May, mortgage lenders are invited to learn about the purchase assistance North Dakota Housing Finance Agency provided to more than 1,700 first-time buyers, special needs families, and moderate-income households who needed help purchasing a new home in 2018. “NDHFA’s … Continued

affordable housing, lender training
Public Hearings Schedule for Development Program Plans
4 Mar 2019

Public Hearings Schedule for Development Program Plans

by admin | posted in: General Agency News | 0

BISMARCK, ND – North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for the 2020 Low Income Housing Tax Credit (LIHTC) Program Qualified Allocation Plan and the 2019 National Housing Trust Fund (HTF) Allocation Plan on March 28, 2019. … Continued

affordable housing, Housing Trust Fund, Low Income Housing Tax Credit
Supportive Senior Housing Projects Awarded Development Assistance
19 Nov 2018

Supportive Senior Housing Projects Awarded Development Assistance

by admin | posted in: Press Releases | 0

BISMARCK, N.D. – North Dakota Housing Finance Agency (NDHFA) has awarded development assistance to four affordable housing projects that will offer supportive services to help their senior tenants age in place. NDHFA awarded a total of $3.39 million in federal … Continued

affordable housing, Housing Incentive Fund, Housing Trust Fund, Low Income Housing Tax Credit

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