BISMARCK, ND – January 24, 2012 – (RealEstateRama) — The North Dakota Housing Finance Agency (NDHFA) received more than $6.3 million during its initial fundraising campaign for the Housing Incentive Fund (HIF). The state program provides tax credits for contributions to the fund and passes on flexible financing to help create affordable rental housing. more »

BISMARCK, ND – January 24, 2012 – (RealEstateRama) — The North Dakota Housing Finance Agency (NDHFA) is soliciting pre-applications for $728,550 in funding through the federal Neighborhood Stabilization Program (NSP). more »

BISMARCK, ND – December 28, 2011 – (RealEstateRama) — North Dakota Housing Finance Agency (NDHFA) issued the following statement in response to a $1.2 million contribution to the North Dakota Housing Incentive Fund (HIF) by U.S. Bank.

“I would like to thank U.S. Bank for contributing to the HIF and supporting the development of safe, decent and affordable rental units for North Dakota families, seniors and workforce,” said Mike Anderson, NDHFA executive director. “There is a critical need for housing in North Dakota and this contribution will help fill the gaps in financing that slow down construction and keep good projects from being built.” more »

Washington, DC – December 28, 2011 – (RealEstateRama) — Senators Kent Conrad and John Hoeven and Congressman Rick Berg again today pressed U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan for additional Community Development Block Grant (CDBG) funding for those families and business owners impacted by this year’s flood disaster in Minot. more »

BISMARCK, ND – December 6, 2011 – (RealEstateRama) — The North Dakota Housing Finance Agency (NDHFA) is offering state tax credits to individuals and businesses that make a contribution to the North Dakota Housing Incentive Fund (HIF). more »

BISMARCK, ND – November 23, 2011 – (RealEstateRama) — The state will direct more than $13 million of its housing incentive fund credit authority to disaster and energy impacted communities.

“There is a critical need for affordable rentals in oil and gas producing communities, and in areas across the state recovering from flooding,” said Gov. Jack Dalrymple. “The Housing Incentive Fund (HIF) can strengthen our communities, with neighbor helping neighbor.” more »

BISMARCK, ND – November 22, 2011 – (RealEstateRama) — Grants are available from the North Dakota Housing Finance Agency (NDHFA) to renovate properties occupied by people with physical disabilities.

“The Rehab Accessibility Program can help our disabled citizens remain in their homes,” Gov. Dalrymple said. “These grants are available in order to remove physical barriers and to make other renovations for improved access and mobility.” more »

Portion of Funding will Help Minot Area Flood Victims, Delegation says

WASHINGTON, DC – November 22, 2011 – (RealEstateRama) — Senators Kent Conrad and John Hoeven and Congressman Rick Berg today announced that the U.S. Department of Housing and Urban Development (HUD) has awarded a $1.5 million grant to assist Western North Dakota communities with housing and infrastructure development. more »

Senator Also Applauds State Ruling That Clears Way for Additional Tradesmen to Help with Flood Recovery

Washington, DC – November 2, 2011 – (RealEstateRama) — Senator Kent Conrad secured a commitment from Federal Emergency Management Agency officials today to build additions onto the entry ways of the temporary housing units in an effort to keep houses warmer as winter approaches. more »

WASHINGTON, DC – October 28, 2011 – (RealEstateRama) — Oregon’s Senator Jeff Merkley joined 33 of his colleagues in asking the Obama Administration and the Federal Housing Finance Agency (FHFA) to swiftly develop an efficient and effective real estate owned (REO) management strategy. This strategy will convert foreclosed homes into affordable rentals to help address the foreclosure crisis and stabilize the housing market. more »