The fall of 2023 marks a historic number for North Dakota Housing Finance Agency (NDHFA) as the number of FirstHome™ loans purchased reaches 50,000. “It is humbling to realize that thousands of men, women, and children have had the opportunity … Continued
The relationship between like-minded North Dakota organizations is contributing to progress with, and the availability of, affordable housing in the state. North Dakota Housing Finance Agency (NDHFA) and Lewis & Clark Development Group (LCD Group) share a common goal – … Continued
BISMARCK, N.D. – The North Dakota Industrial Commission has approved changes that will allow North Dakota Housing Finance Agency (NDHFA) to provide mortgage loan financing to individuals and families with a higher yearly income in most counties. They have also … Continued
BISMARCK, ND – The U.S. Department of Housing and Urban Development’s (HUD) National Servicing Center ranked North Dakota Housing Finance Agency (NDHFA) as a Tier 1 Federal Housing Administration (FHA) loan servicer for FY 2022. This is the fifth year … Continued
BISMARCK, ND – One year after North Dakota Housing Finance Agency’s (NDHFA) residential real estate lending capacity was expanded by the state legislature, the agency reports that an updated loan program has broken a record. During the 2021 legislative session, … Continued
Homeowners financially impacted by the COVID-19 pandemic can finally find reprieve from financial hardships. ND Help for Homeowners, a $50 million federal program funded by the U.S. Dept. of Treasury, is intended to help homeowners with past-due mortgage payments, utilities … Continued
BISMARCK, N.D. – The North Dakota Department of Human Services announced today that help is available for homeowners struggling financially who are at risk of housing instability because of past-due mortgage payments, utilities or other housing-related costs. Homeowners can apply … Continued
BISMARCK, ND – The North Dakota Industrial Commission has approved increased eligibility limits for a state program that helps first-time buyers purchase a home. Administered by North Dakota Housing Finance Agency (NDHFA), the FirstHome™ program provides low-cost financing and down … 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