Over the past decade, the North Dakota Housing Finance Agency has issued over $3 billion in bonds to fund the purchase of over 16,000 home loans. While this is a great achievement, our work continues as we strive to ensure … Continued
As 2023 winds down and we look back at all that’s happened this year, I am grateful to each of you for your continued partnership and support of North Dakota Housing Finance Agency. Earlier this year, the Industrial Commission approved … Continued
Over the years, NDHFA has grown in both staff and programs and branched into new divisions that truly allow us to work in the full spectrum of housing from homelessness to homeownership. Working in this industry for so many years … Continued
Last fall, the Statewide Housing Needs Assessment was completed, providing many insights into the barriers residents face when accessing housing. Recently, the National Low Income Housing Coalition (NLIHC) and Fargo-Moorhead Metropolitan Council of Governments released data that echoed an important … Continued
The 68th legislative session has officially wrapped. Legislators heard and responded to the need for continuing to meet the demand for affordable housing in communities across North Dakota by providing a general fund appropriation of $13.75 million for the Housing … Continued
Throughout the year, North Dakota Housing Finance Agency (NDHFA) has celebrated our 40th Anniversary. Milestones like major anniversaries are the perfect opportunity to reflect on what we have accomplished and remember all the team members that played a role in … Continued
As interest rates and inflation rise, the housing market is shifting. For North Dakotans of limited means, including many buyers who are pursuing homeownership for the first time, that shift means the time to assess their options and create strategic … Continued
In the late 1970s and early 1980s, the U.S. economy was in a deep recession. To combat inflation, the Federal Reserve was increasing interest rates, which ultimately pushed mortgage rates over 18 percent. On March 10, 1980, Gov. Art Link … Continued
North Dakota Housing Finance Agency (NDHFA) has a great finance, accounting and bond team. Because of their expertise, we are one of a handful of state Housing Finance Agencies (HFA) that has consistently enabled lenders to offer first-time homebuyers below-market … Continued
Developing, preserving, and stabilizing affordable housing cannot be accomplished by one entity alone. North Dakota Housing Finance Agency (NDHFA) is proud of the everyday work our partners do and how they go above and beyond at times when people are … Continued